Take this information to Prepare Income Statement for XYZ Company: Officers Salaries 4900 Depreciation of office equipment
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Question:
Take this information to Prepare Income Statement for XYZ Company:
Officers Salaries 4900
Depreciation of office equipment 3960
Cost of goods sold 63570
Rent Revenue 17230
Delivery Expenses 2690
Sales Commissions 7980
Depreciation of sales equipment 6480
Sales Revenues 97000
Income Tax 7580
Interest Expenses 1860
The Gross profit is:
a. 32930
b. 33430
c. 33130
d. 32900
Posted Date: