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Nombre:______________________________ Asignacin#3 Contabilidad Intermedia 201 Fecha:_____________ The Income Statement MULTIPLE CHOICE 1. Which of
prepare a current asset section of the balance sheet, of prepaid insurance 200, accrued salries 150, patty cash ?, investment in trading securitues 1200, total current assetes 4560, cash 600, inventory at sales value (cost=1,500) 2,100, unearned rent 40, allowance for bad debts 150, office supplies 110, accounts receivable 800.
And multiple-step income statement for operating expenses 1,000, sales revenue 5,000, finished good inventory January 1, 2015 1,500, purchased 1,200, interest revenue 100, extraordinary pre-tax) 400, finished good inventory ?, income tax expenses 642.
my test for tomorow at 6:00 is
UMET Company gathered the following condensed data for the year ended December 31, 2016:
Cost of goods sold $ 742,000
Net sales 1,350,000
Administrative expenses 239,000
Interest expense 58,000
Dividend revenue 38,000
Loss from employee strike 223,000
Selling expenses 45,000
Instructions
1. Prepare a single-step income statement for the year ended December 31, 2016.
2. Prepare a multiple-step income statement for the year ended December 31, 2016.
wiil drap file for the other even I did the other want to make sure I have the right answer. Also I do I look If the have something similar, of this I just start with your course heroa and I dont understant to much about it CAN YOU HELP
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- Attachment 2
