Problem10_1BTEMP - Problem 10-1B Income Statement(name...

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Problem 10-1B Income Statement 04/04/2010 1 (name) COMPUTER PLUS Income Statement Year Ended December 31, 20X3 Operating Revenue Sales ? Less: Sales Returns and Allowances Net Sales Cost of Goods Sold Merchandise Inventory, Jan. 1, 20X2 ? Purchases ? Freight In Delivered Cost of Purchase Less: Purchases Returns and Allowances ? Purchases Discounts Net Delivered Cost of Purchases ? Total Merchandise Available for Sale Less Merchandise Inventory, Dec. 31, 20X2 Cost of Goods Sold ? Gross Profit on Sales Operating Expenses Warehouse Expenses Warehouse Wages Expense ? Warehouse Supplies Expense Amortization Exp.--Warehouse Equipment Total Warehouse Expense Selling Expenses Sales Salaries Expense ? Travel and Entertainment Expense Delivery Wages Expense Amortization Exp.--Delivery Equipment Total Selling Expenses General and Administrative Expenses Office Salaries Expense ? Office Supplies Expense Insurance Expense Utilities Expense Telephone Expense Payroll Taxes Expense Property Taxes Expense
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This note was uploaded on 04/04/2010 for the course ACCOUTING ACCOUNTING taught by Professor Paigee.gee during the Spring '07 term at N.C. State.

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Problem10_1BTEMP - Problem 10-1B Income Statement(name...

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