Question: not sure what im missing here. please help Net Sales Sales Revenue 410000 Less VE Sales Returns and Allowances 11000 Sales Revenue 399000 154000 Gross
Net Sales Sales Revenue 410000 Less VE Sales Returns and Allowances 11000 Sales Revenue 399000 154000 Gross Profit 154000 Freight-Out 7000 Insurance Expense 5000 Salaries and Wapes Expense 63000 Rent Expense 36000 Sales Discounts 8000 Total Operating Expenses $19000 Net Income /(Los) S 35000 Presented below is information for Annie Company for the month of March 2022. $245.000 Rent expense $36.000 Cost of goods sold Freight-out 7,000 Sales discounts 8.000 5.000 Insurance expense 11.000 Sales returns and allowances 63.000 Salaries and wages expense Sales revenue 410.000 Your answer is partially correct Prepare a multiple step income statement
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