Business, 16.07.2021 01:10, yungkxng57

Selected data from the ledger of Beck Co., after adjustments, on September 30, the end of the fiscal year, are listed as follows: Accounts Receivable $39,120
Prepaid Insurance $4,680
Accumulated Depreciation 60,540
Note Payable 77,750
Administrative Expenses 90,000
Retained Earnings 25,000
Common Stock 65,000
Salaries Payable 3,060
Cost of Goods Sold 550,000
Sales 950,000
Dividends 65,000
Selling Expenses 102,000
Interest Revenue 10,000
Supplies 3,125
Office Equipment 82,700

Required:
Prepare a single-step income statement.

Answers: 1

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Selected data from the ledger of Beck Co., after adjustments, on September 30, the end of the fiscal...