Homework Help is Here – Start Your Trial Now!
Business
Accounting
Data table ended dec 31,2018 +2017 grs 2018 2017 912,000 otal reenue expenses. osts of goods sold. ellinglgeneral expences a32,000 nterestexpenses. 852,000 $ 4081000 264,000 10,500 84,000 $402,000 9,200 $31000 tax expense

Data table ended dec 31,2018 +2017 grs 2018 2017 912,000 otal reenue expenses. osts of goods sold. ellinglgeneral expences a32,000 nterestexpenses. 852,000 $ 4081000 264,000 10,500 84,000 $402,000 9,200 $31000 tax expense

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
See similar textbooks
icon
Related questions
Question
3 Please fill out income statements based on data table provided
guar Data tab6 ended dec 31,2018 +2017 grs. 2018 2017 otal relenue expenses osts of goods sold rellinglgeneral expenses a3a,000. nterestexpenses. ncome tax expense total expenses Net income 852,000 912,000 $402,000 $ 4081000 264,000 9,200 831000 F96,200 125,800 10,500 84,000 766,500 145,000 726,200
Transcribed Image Text:guar Data tab6 ended dec 31,2018 +2017 grs. 2018 2017 otal relenue expenses osts of goods sold rellinglgeneral expenses a3a,000. nterestexpenses. ncome tax expense total expenses Net income 852,000 912,000 $402,000 $ 4081000 264,000 9,200 831000 F96,200 125,800 10,500 84,000 766,500 145,000 726,200
brt se ANG &OUPSA INCOME STATEMENTS yrs ended 31, dec 2018 +2017 Increase (decrease). Amount percenta ge 852,000 J2018 2017 $912,000 total revenue expenses costs of good sold sellingt general explenses interest expenses 9,200 uncome tad expene do fal eapense $852,000 402,000 408,000 2321000 264,000 10,s00 83,000 84.000 145,S00 125,800
Transcribed Image Text:brt se ANG &OUPSA INCOME STATEMENTS yrs ended 31, dec 2018 +2017 Increase (decrease). Amount percenta ge 852,000 J2018 2017 $912,000 total revenue expenses costs of good sold sellingt general explenses interest expenses 9,200 uncome tad expene do fal eapense $852,000 402,000 408,000 2321000 264,000 10,s00 83,000 84.000 145,S00 125,800
Expert Solution
steps

Step by step

Solved in 2 steps with 1 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Knowledge Booster
Presentation of Financial Statements
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education
SEE MORE TEXTBOOKS