The adjusted trial balance of Splish Company shows the following data pertaining to sales at the end of its fiscal year, October 31, 2020: Sales Revenue $819,500, Delivery Expense $12,610, Sales Returns and Allowances $25,880, and Sales Discounts $11,450. (a) Prepare the revenues section of the income statement. SPLISH COMPANY Income Statement

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The adjusted trial balance of Splish Company shows the following data pertaining to sales at the end of its fiscal year, October 31, 2020: Sales Revenue $819,500, Delivery Expense $12,610, Sales Returns and Allowances $25,880, and Sales Discounts $11,450.

(a)

Prepare the revenues section of the income statement.

SPLISH COMPANY
Income Statement
                                                                       
                                                                       
 
$
                                                                       :     
 
$
 
 
 
 
   
 
                                                                       
 
$
 
 
 
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