Question: please help me solve this Required a multi step income statement for the year December 31,2017 The following table shows the balances from various accounts
The following table shows the balances from various accounts in the adjusted trial balance for Decoma International Corp as of December 31, 2017 De Note: Use post tax number provided in Excel for item #m&c. $160 000 8.000 36 800 1.050.000 5 25.000 BR000 Adderation buildings 5. Interest income Cumuleet of change in accounting poncylox d. Sales nemes Los a condemnation or Accumulated to ment Other protingas Depreciation experiment Los from stiga Gain from ingawa Lonice mlous trompega continued to Deprecated, udings - Concoforte for year's expert Cost of goods 4 Lessons icon dos estos As 131.200 40.000 14.400 27300 2600 4 000 62.400 19200 416.000 22.000 52.000 Required Prepare a multi-step income statement for the year ended December 31, 2017 Exercise N The following table shows the balances from various accounts in the adjusted trial balance for Decoma International Corp. as of December 31, 2017: Debit Credits $ 160,000 8.000 36.800 1.056,000 Noi tax prou for it $ ? 25.600 88.000 2. Accumulated depreciation, buildings b. Interest income c. Cumulative effect of change in accounting policy (pre tax) d. Sales e income taxes expense 1 Loss on condemnation of property 9. Accumulated depreciation equipment n. Other operating expenses Depreciation expense, equipment 1 Loss from setting a lawsuit * Gain from settling a lawsuit Loss on sale of office equipment. m. Loss from operating a discontinued operation (pre tax) n. Depreciation expense, buildings o. Correction of overstatement of prior year's expense (pre tax) D. Cost of goods sold... 4 Loss on sale of discontinued operation's assets pre-tax) 1. Accounts payable 131.200 40.000 14.400 27.200 9.600 48.000 62.400 19 200 416.000 72.000 52.800 Required Prepare a multi-step income statement for the year ended December 31, 2017 The following table shows the balances from various accounts in the adjusted trial balance for Decoma International Corp as of December 31, 2017 De Note: Use post tax number provided in Excel for item #m&c. $160 000 8.000 36 800 1.050.000 5 25.000 BR000 Adderation buildings 5. Interest income Cumuleet of change in accounting poncylox d. Sales nemes Los a condemnation or Accumulated to ment Other protingas Depreciation experiment Los from stiga Gain from ingawa Lonice mlous trompega continued to Deprecated, udings - Concoforte for year's expert Cost of goods 4 Lessons icon dos estos As 131.200 40.000 14.400 27300 2600 4 000 62.400 19200 416.000 22.000 52.000 Required Prepare a multi-step income statement for the year ended December 31, 2017 Exercise N The following table shows the balances from various accounts in the adjusted trial balance for Decoma International Corp. as of December 31, 2017: Debit Credits $ 160,000 8.000 36.800 1.056,000 Noi tax prou for it $ ? 25.600 88.000 2. Accumulated depreciation, buildings b. Interest income c. Cumulative effect of change in accounting policy (pre tax) d. Sales e income taxes expense 1 Loss on condemnation of property 9. Accumulated depreciation equipment n. Other operating expenses Depreciation expense, equipment 1 Loss from setting a lawsuit * Gain from settling a lawsuit Loss on sale of office equipment. m. Loss from operating a discontinued operation (pre tax) n. Depreciation expense, buildings o. Correction of overstatement of prior year's expense (pre tax) D. Cost of goods sold... 4 Loss on sale of discontinued operation's assets pre-tax) 1. Accounts payable 131.200 40.000 14.400 27.200 9.600 48.000 62.400 19 200 416.000 72.000 52.800 Required Prepare a multi-step income statement for the year ended December 31, 2017
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