Sales 218,000 Gain on sale of equipment $ 6,290 epreciation expense—Office copier $ 530 Office supplies expense 620 Sales discounts 16,700 Insurance expense 1,380 Sales returns and allowances 3,900 TV advertising expense 3,800 Office salaries expense 31,100 Interest revenue 650 Rent expense—Selling space 11,600 Cost of goods sold 91,000 Sales staff wages 23,700 Sales commission expense 13,100 whats the total income profited
Sales 218,000 Gain on sale of equipment $ 6,290 epreciation expense—Office copier $ 530 Office supplies expense 620 Sales discounts 16,700 Insurance expense 1,380 Sales returns and allowances 3,900 TV advertising expense 3,800 Office salaries expense 31,100 Interest revenue 650 Rent expense—Selling space 11,600 Cost of goods sold 91,000 Sales staff wages 23,700 Sales commission expense 13,100 whats the total income profited
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Sales 218,000
Gain on sale of equipment $ 6,290
epreciation expense—Office copier $ 530
Office supplies expense 620
Sales discounts 16,700
Insurance expense 1,380
Sales returns and allowances 3,900
TV advertising expense 3,800
Office salaries expense 31,100
Interest revenue 650
Rent expense—Selling space 11,600
Cost of goods sold 91,000
Sales staff wages 23,700
Sales commission expense 13,100
whats the total income profited
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