12-3A_9e - Problem 12-3A Name: Section: Enter the...

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Problem 12-3A Name: Section: Enter the appropriate amounts in the shaded cells below. A red asterisk (*) will appear to the right of an incorrect amount in the outlined cells. 1. AMANA BREAD CORPORATION Income Statement For the Year Ended October 31, 2008 Sales Gross profit Operating expenses: Selling expenses Administrative expenses Total expenses Income from operations Other revenues and expenses: Income from continuing operations before income tax Income from continuing operations Less applicable income tax benefit Income before extraordinary item Extraordinary item: Less applicable income tax Net income Earnings per common share: Income from continuing operations Loss on discontinued operations Income before extraordinary item Extraordinary item Net income 2. AMANA BREAD CORPORATION Retained Earnings Statement For the Year Ended October 31, 2008 Retained earnings, November 1, 2007 Less dividends declared: Cash dividends Stock dividends Increase in retained earnings Retained earnings, October 31, 2008
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3. AMANA BREAD CORPORATION
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12-3A_9e - Problem 12-3A Name: Section: Enter the...

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