Question: PLEASE MAKE AN INCOME STATEMENT USING THIS INFORMATION AND THE EXACT FORMAT PROVIDED Prepare an income statement for the month ending January 31, 2022. (Round
PLEASE MAKE AN INCOME STATEMENT USING THIS INFORMATION AND THE EXACT FORMAT PROVIDED


Prepare an income statement for the month ending January 31, 2022. (Round answers to 0 decimal places, e.g. 5,275.)
| CORONADO COMPANY Income Statement choose the transaction period January 31, 2022For the Year Ended January 31, 2022For the Month Ended January 31, 2022 | ||
|---|---|---|
| enter an income statement item | $enter a dollar amount | |
| enter an income statement item | enter a dollar amount | |
| select a summarizing line for the first part DrawingsGross Profit / (Loss)Income Before Income TaxesIncome From OperationsInvestmentNet Income / (Loss)Net SalesOperating ExpensesOther Expenses and LossesOther Revenues and GainsOwners Capital, 1/31/22Owners Capital, 12/31/21Total RevenuesTotal Operating Expenses | enter a total amount for the first part | |
| select an opening name for section one DrawingsGross Profit / (Loss)Income Before Income TaxesIncome From OperationsInvestmentNet Income / (Loss)Net SalesOperating ExpensesOther Expenses and LossesOther Revenues and GainsOwners Capital, 1/31/22Owners Capital, 12/31/21Total RevenuesTotal Operating Expenses | ||
| enter an income statement item | $enter a dollar amount | |
| enter an income statement item | enter a dollar amount | |
| enter an income statement item | enter a dollar amount | |
| enter an income statement item | enter a dollar amount | |
| enter an income statement item | enter a dollar amount | |
| select a closing name for section one DrawingsGross Profit / (Loss)Income Before Income TaxesIncome From OperationsInvestmentNet Income / (Loss)Net SalesOperating ExpensesOther Expenses and LossesOther Revenues and GainsOwners Capital, 1/31/22Owners Capital, 12/31/21Total RevenuesTotal Operating Expenses | enter a total amount for section one | |
| select a summarizing line for the second part DrawingsGross Profit / (Loss)Income Before Income TaxesIncome From OperationsInvestmentNet Income / (Loss)Net SalesOperating ExpensesOther Expenses and LossesOther Revenues and GainsOwners Capital, 1/31/22Owners Capital, 12/31/21Total RevenuesTotal Operating Expenses | enter a total amount for the second part | |
| select an opening name for section two DrawingsGross Profit / (Loss)Income Before Income TaxesIncome From OperationsInvestmentNet Income / (Loss)Net SalesOperating ExpensesOther Expenses and LossesOther Revenues and GainsOwners Capital, 1/31/22Owners Capital, 12/31/21Total RevenuesTotal Operating Expenses | ||
| select an income statement item | enter a dollar amount | |
| select a closing name for this statement DrawingsGross Profit / (Loss)Income Before Income TaxesIncome From OperationsInvestmentNet Income / (Loss)Net SalesOperating ExpensesOther Expenses and LossesOther Revenues and GainsOwners Capital, 1/31/22Owners Capital, 12/31/21Total RevenuesTotal Operating Expenses | $enter a total net income or loss amount | |
CORONADO COMPANY Trial Balance January 31, 2022 Debit Credit Owner's Capital LA $ 37,490 Interest Payable Cash 203,642 Inventory 24,702 Accounts Payable 41,262 Notes Payable 46,000 Sales Revenue 404,800 Sales Taxes Payable 10,672 Cost of Goods Sold 243,800 Other Operating Expenses 27,600 Salaries and Wages Expense 60,000 FICA Taxes Payable 9,180
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