Solution:
Efficient office system | ||
Income staetment | ||
For the year ended March 31, 2018 | ||
Particulars | Amount | |
Revenues: | ||
Sales revenue | $233,000.00 | |
Expenses: | ||
Cost of goods sold | $104,850.00 | |
Selling expense | $27,000.00 | |
Administrative expense | $14,700.00 | |
Interest expense | $2,900.00 | |
Total expenses | $149,450.00 | |
Net income (Loss) | $83,550.00 |
mework: Chapter 5 Homework HW Scor re: 0 of 1 pt 63 3-24 (similar to) Etient...