Using the following information, prepare an income statement Cost of goods sold . . . . .

Question:

Using the following information, prepare an income statement
Cost of goods sold . . . . . . . . . $ 7,300
Interest expense . . . . . . . . . . . 1,200
Wage expense . . . . . . . . . . . . 900
Cash . . . . . . . . . . . . . . . . . . . . 600
Sales . . . . . . . . . . . . . . . . . . . . 12,000
Accounts payable . . . . . . . . . . 400
Accounts receivable . . . . . . . . 750
Retained earnings . . . . . . . . . . 3,300
Income tax expense . . . . . . . . . 800
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Financial Accounting

ISBN: 978-0324645576

10th edition

Authors: W. Steve Albrecht, James D. Stice, Earl K. Stice

Question Posted: