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.
The reference papers provided by Writerbay.net serve as model papers for students and are not to be submitted as it is. These papers are intended to be used for research and reference purposes only.
Phone: +1 (940) 905 5542