National Locksmith Company, prepares safes for banks around the country. They purchase strong metals to build...
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National Locksmith Company, prepares safes for banks around the country. They purchase strong metals to build the safes. For the year 2018, they reported these revenues and expenses. Using this information, prepare an income statement (Managerial Accounting format) for National Locksmith Company. These accounts are jumbled. Depreciation Expense Insurance Expense Cost of Goods Sold Safe Sales Revenue Safe Accessory Revenue 3,900 5,200 31,500 76,300 35,800 38,700 5,600 1,200 Salary Expense Interest Expense Supplies Expense Use the proper format when preparing the Income Statement. National Locksmith Company, prepares safes for banks around the country. They purchase strong metals to build the safes. For the year 2018, they reported these revenues and expenses. Using this information, prepare an income statement (Managerial Accounting format) for National Locksmith Company. These accounts are jumbled. Depreciation Expense Insurance Expense Cost of Goods Sold Safe Sales Revenue Safe Accessory Revenue 3,900 5,200 31,500 76,300 35,800 38,700 5,600 1,200 Salary Expense Interest Expense Supplies Expense Use the proper format when preparing the Income Statement.
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NATIONAL LOCKSMITH COMPANY Income Statement For the Year Ended December 3... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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