The adjusted trial balance of Kingbird, Inc. shows these data pertaining to sales at the end of its fiscal year, October 31, 2022 Sales Revenue $902,300, Freight-Out $12.700; Sales Returns and Allowances $19,000; and Sales Discounts $13,900 Prepare the sales section of the income statement. Kingbird, Inc. Income Statement (Partial) 80

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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The adjusted trial balance of Kingbird, Inc. shows these data pertaining to sales at the end of its fiscal year, October 31, 2022 Sales
Revenue $902,300; Freight-Out $12,700; Sales Returns and Allowances $19,000; and Sales Discounts $13,900.
Prepare the sales section of the income statement.
Kingbird, Inc.
Income Statement (Partial)
11
Transcribed Image Text:The adjusted trial balance of Kingbird, Inc. shows these data pertaining to sales at the end of its fiscal year, October 31, 2022 Sales Revenue $902,300; Freight-Out $12,700; Sales Returns and Allowances $19,000; and Sales Discounts $13,900. Prepare the sales section of the income statement. Kingbird, Inc. Income Statement (Partial) 11
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