ACC 230 Week 3 Checkpoint Preparing an Income Statement

ACC 230 Week 3 Checkpoint Preparing an Income Statement -...

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Income Statement For the Year Ended XXXX Net Sales 1,833,000 Cost of Goods Sold 1,072,000 Gross Profit 761,000 Selling Expenses 279,000 General and Administrative Expenses 175,000 Depreciation Expense 14,000
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Unformatted text preview: 468,000 Operating Profit 293,000 Other Income (Expense) Interest Income 13,000 Interest Expense (16,000) (3,000) Pre-tax Income 290,000 Income Tax Expense 116,000 Net Income Neo 174,000...
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This note was uploaded on 01/24/2012 for the course ACC 220 ACC 220 taught by Professor Black during the Spring '11 term at University of Phoenix.

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