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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

Accounting

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.

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