Does anyone know how to prepare an income statement regarding this? Pls help ACCOUNT AMOUNT Revenue 500,000 Cost of Good Sold 300,000 Wage Expense 100,000 Rent Expense 30,000 Supplies Expense 20,000 Utilities Expense 10,000 Promotion Expense 50,000

Does anyone know how to prepare an income statement regarding this? Pls help ACCOUNT AMOUNT Revenue 500,000 Cost of Good Sold 300,000 Wage Expense 100,000 Rent Expense 30,000 Supplies Expense 20,000 Utilities Expense 10,000 Promotion Expense 50,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Does anyone know how to prepare an income statement regarding this? Pls help

ACCOUNT	AMOUNT
Revenue	500,000
Cost of Good Sold	300,000
Wage Expense	100,000
Rent Expense	30,000
Supplies Expense	20,000
Utilities Expense	10,000
Promotion Expense	50,000

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