Question: Prepare a formal income statement from the following partial worksheet for Wright Co. (Click the icon to view the partial worksheet.) - X Wright Co.

Prepare a formal income statement from the following partial worksheet for Wright Co. (Click the icon to view the partial worksheet.) - X Wright Co. Income Statement For the Year Ended December 31, 2018 Worksheet Revenue: Wright Co. Partial Worksheet Less: For the Year Ended December 31, 2018 Income Statement Account Titles Dr. Cr. Sales 2,850 Gross Profit Sales Returns and Allow. 111 Operating Expenses: 60 910 250 190 Sales Discounts Cost of Goods Sold Salaries Expense Insurance Expense Advertising Expense Rental Income Rent Expense Depreciation Exp., Store Equip. 175 240 Total Operating Expenses 230 2301 Other Income Salaries Payable 2.156 3,090 934 Net Income (Loss) Net Income 3,090 3,090 Print Done Choose from any list or enter any number in the input fields and then click Check
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