Income statement. From the following income statement accounts, a.produce the income stat
Income statement. From the following income statement accounts,
a.produce the income statement for the year
b.produce the operating cash flow for the year
Income Statement Accounts for the Year Ending 2014
Account
Balance
Cost of goods sold
$1,419,000
Interest expense
$ 288,000
Taxes
$ 318,000
Revenue
$2,984,000
Selling, general, and administrative expenses
$ 454,000
Depreciation
$ 258,000
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Income Statement Accounts for the Year Ending 2014
|
Account
|
Balance
|
Cost of goods sold
|
$1,419,000
|
Abhinav
04-Dec-2019