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Homework answers / question archive / Fit-for-Life Foods reports the following income statement accounts for the year ended December 31 Gain on sale of equipment $ 6190 Office supplies expense 700 Depreciation expense-office copier 560 Sales discounts 16,900 Sales returns and allowances 4100 Insurance expense 1360 Sales 227000 Office salaries expense 31100 Rent expense-Selling space12000 Sales staff wages 23800 TV advertising expense 3500 Interest revenue 650 Cost of goods sold 88700 Sales commission expense 13600 Prepare a multiple-step income statement
Fit-for-Life Foods reports the following income statement accounts for the year ended December 31
Gain on sale of equipment $ 6190
Office supplies expense 700
Depreciation expense-office copier 560
Sales discounts 16,900
Sales returns and allowances 4100
Insurance expense 1360
Sales 227000
Office salaries expense 31100
Rent expense-Selling space12000
Sales staff wages 23800
TV advertising expense 3500
Interest revenue 650
Cost of goods sold 88700
Sales commission expense 13600
Prepare a multiple-step income statement.