The income statement information for 2010 and 2011 of the Caleb Company (a sole proprietorship) is as
Question:
The income statement information for 2010 and 2011 of the Caleb Company (a sole proprietorship) is as follows:
Required
Fill in the blanks labeled (a) through (f). All the necessary information is listed.
Transcribed Image Text:
2011 $59,300 2010 Cost of goods sold Interest expense Selling expenses Operating income Sales (net) General expenses Net income Interest revenue Gross profit 10,800 21,800 96,000 7,900 21,600 39,000 40,200
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Related Book For
Intermediate Accounting
ISBN: 978-0324659139
11th edition
Authors: Loren A. Nikolai, John D. Bazley, Jefferson P. Jones
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