Use the Supplements Plus, Inc. data in Exercise E14-21 to prepare the spreadsheet for the 2016 statement
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Exercise E14-21
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SUPPLEMENTS PLUS, INC Income Statement Year Ended September 30, 2016 Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses: $234,000 91,000 143,000 Salaries Expense Depreciation Expense-Plant Assets Total Operating Expenses $ 55,000 25,000 Net Income Before Income Taxes Income Tax Expense Net Income 80,000 63,000 10,000 S 53,000
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Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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