The adjusted trial balance of Bramble Corp. shows these data pertaining to sales at the end of its fiscal year, October 31, 2022: Sales Revenue $908,400; Freight-Out $12,800; Sales Returns and Allowances $20,600; and Sales Discounts $15,100.Prepare the sales section of the income statement. Bramble Corp.Income Statement (Partial)choose the accounting period For the Month Ended October 31, 2022October 31, 2022For the Year Ended October 31, 2022 select an opening section name Retained Earnings, November 1, 2021Net Income / (Loss)Retained Earnings, October 31, 2022Total RevenuesSalesTotal ExpensesNet SalesExpensesDividends enter an income statement item $enter a dollar amount select between addition and deduction AddLess : enter an income statement item $enter a dollar amount enter an income statement item enter a dollar amount enter a subtotal of the two previous amounts select a closing section name Total ExpensesNet SalesDividendsRetained Earnings, November 1, 2021ExpensesRetained Earnings, October 31, 2022Total RevenuesSalesNet Income / (Loss) $enter a total amount for this section
The adjusted trial balance of Bramble Corp. shows these data pertaining to sales at the end of its fiscal year, October 31, 2022: Sales Revenue $908,400; Freight-Out $12,800; Sales Returns and Allowances $20,600; and Sales Discounts $15,100.Prepare the sales section of the income statement. Bramble Corp.Income Statement (Partial)choose the accounting period For the Month Ended October 31, 2022October 31, 2022For the Year Ended October 31, 2022 select an opening section name Retained Earnings, November 1, 2021Net Income / (Loss)Retained Earnings, October 31, 2022Total RevenuesSalesTotal ExpensesNet SalesExpensesDividends enter an income statement item $enter a dollar amount select between addition and deduction AddLess : enter an income statement item $enter a dollar amount enter an income statement item enter a dollar amount enter a subtotal of the two previous amounts select a closing section name Total ExpensesNet SalesDividendsRetained Earnings, November 1, 2021ExpensesRetained Earnings, October 31, 2022Total RevenuesSalesNet Income / (Loss) $enter a total amount for this section
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
The adjusted
Prepare the sales section of the income statement.
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Bramble Corp.
Income Statement (Partial) choose the accounting period For the Month Ended October 31, 2022October 31, 2022For the Year Ended October 31, 2022
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select an opening section name
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enter an income statement item
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$enter a dollar amount
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select between addition and deduction
AddLess
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enter an income statement item
|
$enter a dollar amount
|
|
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enter an income statement item
|
enter a dollar amount
|
|
|
enter a subtotal of the two previous amounts
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||
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select a closing section name
Total ExpensesNet SalesDividendsRetained Earnings, November 1, 2021ExpensesRetained Earnings, October 31, 2022Total RevenuesSalesNet Income / (Loss)
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$enter a total amount for this section
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