OPERATING EXPENSES - Gain on sale of investments Loss on...

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OPERATING EXPENSES Wage/salary expense Advertising expense Depreciation expense Utilities expense Research and development expense(R&D) Rent expense Freight out expense Supplies expense Litigation expense Service charge expense Warranty expense Depletion expense Bonus expense Bad debt expense Pension expense Amortization expense OTHER REVENUE AND EXPENSES Dividend revenue (on investments) Interest revenue Loss on sale of equipment Gain on sale of equipment Interest expense
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Unformatted text preview: Gain on sale of investments Loss on sale of investments INCOME TAX EXPENSE INCOME FROM DISCONTINUED OPERATIONS (NET OF TAX) 12 Statement of Retained Earnings: reports the way that net income and the distribution of dividends affected the retained earnings for the period. MAXIDRIVE CORP. Statement of Retained Earnings For the Year Ended December 31, 20A (in thousands of dollars) Retained earnings, January 1, 20A $6,805 Net income for 20A 3,300 Dividends for 20A (1,000)...
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OPERATING EXPENSES - Gain on sale of investments Loss on...

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