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

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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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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