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E4-8 - 2,175,350 Selling expenses 880,000 Adminstrative...

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THE VOODOO COMPANY Income Statement For the Year Ended November 30, 2008 Revenues: Net sales 4,000,000 Rent revenue 30,000 Total revenues 4,030,000 Expenses: Cost of merchandise sold
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Unformatted text preview: 2,175,350 Selling expenses 880,000 Adminstrative expenses 500,000 Interest expense 23,200 Total expenses 3,578,550 Net income 451,450...
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