Question: please income statement Exercise 5-9 (Part Level Submission) Presented below is information for Kaila Company for the month of March 2017. Cost of goods sold

Exercise 5-9 (Part Level Submission) Presented below is information for Kaila Company for the month of March 2017. Cost of goods sold $214,300 Rent expense $ 31,080 Freight-out 7,460 Sales discounts 8,190 Insurance expense 5,260 Sales returns and allowances 12,730 Salaries and wages expense 59,760 Sales revenue 390,870 (a) Prepare a multiple-step income statement. KAILA COMPANY Income Statement March 31, 2017 Sales Revenues 390870 ||| ||
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