Question: Presented below is information for Novak Corp. for the month of January 2022. Cost of goods sold Freight-out Insurance expense Salaries and wages expense $216,128


Presented below is information for Novak Corp. for the month of January 2022. Cost of goods sold Freight-out Insurance expense Salaries and wages expense $216,128 6,000 12,000 56,000 Rent expense Sales discounts Sales returns and allowances Sales revenue Other comprehensive income $34,000 8,000 20,000 380,000 2,000 Prepare a multiple-step income statement. (If there is a net loss then enter the amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Novak Corp. Income Statement $ $
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