AYAYAI COMPANY Balance Sheet (Partial) For the Year Ended December 31, 2027 SA $ Sales Revenue Cost of Goods Sold AYAYAI COMPANY Income Statement (Partial) For the Year Ended December 31, 2027 Finished Goods Inventory, Jan. 1 $ 21600 Cost of Goods Manufactured Cost of Goods Available for Sale Less Finished Goods Inventory, Dec. 31 Cost of Goods Sold Gross Profit 429800 451400 16800 7280 434600 2934

AYAYAI COMPANY Balance Sheet (Partial) For the Year Ended December 31, 2027 SA $ Sales Revenue Cost of Goods Sold AYAYAI COMPANY Income Statement (Partial) For the Year Ended December 31, 2027 Finished Goods Inventory, Jan. 1 $ 21600 Cost of Goods Manufactured Cost of Goods Available for Sale Less Finished Goods Inventory, Dec. 31 Cost of Goods Sold Gross Profit 429800 451400 16800 7280 434600 2934

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter5: The Income Statement And The Statement Of Cash Flows

Section: Chapter Questions

Problem 2RE: Refer to RE5-1. Prepare a single-step income statement for Brandt Corporation for the current year.

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