Question: Presented below is information for Oriole Co. for the month of January 2025. Cost of goods sold Freight-out Insurance expense Salaries and wages expense Income

Presented below is information for Oriole Co. for the month of January 2025. Cost of goods sold Freight-out Insurance expense Salaries and wages expense Income tax expense (a) $208,050 9,000 14,400 62,700 7,750 Prepare a multiple-step income statement. Rent expense Sales discounts Sales returns and allowances Sales revenue ORIOLE CO. Income Statement $33,900 9,000 19,500 393,500

Presented below is information for Oriole Co. for the month of January 2025

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