Summary operating data for The Voodoo Company during the current year ended November 30, 2008, are…

Summary operating data for The Voodoo Company during the current year ended November 30, 2008, are as follows: cost of merchandise sold, $2,175,350; administrative expenses, $500,000; interest expense, $23,200; rent revenue, $30,000; net sales, $4,000,000; and selling expenses, $880,000. Prepare a single-step income statement.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply