This is currently a single-step Income Statement. Add/adjust/remove as needed to convert this to a multi-step Income Statement. 2. The formatting here needs your help! You are presenting this to important external stakeholders. Apply required (andadditional formatting to make it professional in appearance) formatting. Fillers ConstructionIncome StatementFor the Year Ended December 31, 2022Sales Revenue18225Interest InconInvestment InTotal RevenueLess Expenses:Commission ECost of GoodsAdvertising ExTax ExpenseTotal ExpenseNet Income50078019505-1000-8000-1200-425-106258880

The income statement is an essential part of the company's financial statements. The management…

Fillers Construction Income Statement For the Year Ended December 31, 2022 Sales Revenue 18225 Interest Incon 500 Investment In 780 19505 Total Revenue Less Expenses: Commission E Cost of Goods Advertising Ex Tax Expense Total Expense Net Income -1000 -8000 -1200 -425 -10625 8880

Fillers Construction Income Statement For the Year Ended December 31, 2022 Sales Revenue 18225 Interest Incon 500 Investment In 780 19505 Total Revenue Less Expenses: Commission E Cost of Goods Advertising Ex Tax Expense Total Expense Net Income -1000 -8000 -1200 -425 -10625 8880

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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Question

This is currently a single-step Income Statement. Add/adjust/remove as needed to convert this to a multi-step Income Statement.

2. The formatting here needs your help! You are presenting this to important external stakeholders. Apply required (and
additional formatting to make it professional in appearance) formatting.

Fillers Construction
Income Statement
For the Year Ended December 31, 2022
Sales Revenue
18225
Interest Incon
Investment In
Total Revenue
Less Expenses:
Commission E
Cost of Goods
Advertising Ex
Tax Expense
Total Expense
Net Income
500
780
19505
-1000
-8000
-1200
-425
-10625
8880

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