prepare multiple step income statment

Using the Excel template for question number 22 that you downloaded prior to starting this exam, prepare a multiple-step income statement in good form for Foxworthy Company for the month ended July 31, 2020. Presented below is information for Foxworthy Company for the month of July 2020. (Not all items listed are needed to complete this problem.) Upload your completed template when you are finished with your answer. Cost of goods sold Depreciation expense $932,000 19,000 Rent expense Sales discounts Sales returns and allowances $22,000 9,500 Insurance expense 31,000 41,300 Salary expense 472,000 Sales 1,720,000 Interest expense 9,200 14,000 Gain on sale of equipment Accounts receivable Loss on sale of investments 24,500 33,000 Upload Choose a File