Let's Work It Out operates several retail stores that specialize in products for a healthy lifestyle. Some of its financial information is shown below for its fiscal year ended March 31, 2019. Cost of Goods Sold $73,300 Depreciation Expense - Store Equipment $5,160 Gain on Sale of Equipment Insurance Expense Interest Expense $4,300 $10,700 $1,160 Office Salaries Expense $39,100 Office Supplies Expense $3,000 Sales Discounts $2,800 Sales Returns and Allowances $5,500 Sales Revenue $193,300 Sales Salaries Expense $39,000 Utilities Expense - Office $2,400 $5,700 Utilities Expense - Retail Required Create a multi-step income statement. Do not enter dollar signs or commas in the input boxes. Enter all accounts under the appropriate section in alphabetical order. Do not use negative signs.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Let's Work It Out operates several retail stores that specialize in products for a healthy lifestyle. Some of its financial information is shown below for its fiscal year ended March 31, 2019.
Cost of Goods Sold
$73,300
Depreciation Expense - Store Equipment
$5,160
Gain on Sale of Equipment
$4,300
Insurance Expense
$10,700
Interest Expense
$1,160
Office Salaries Expense
Office Supplies Expense
$39,100
$3,000
Sales Discounts
$2,800
Sales Returns and Allowances
$5,500
Sales Revenue
$193.300
Sales Salaries Expense
$39.000
Utilities Expense - Office
$2,400
Utilities Expense - Retail
$5,700
Required
Create a multi-step income statement.
Do not enter dollar signs or commas in the input boxes.
Enter all accounts under the appropriate section in alphabetical order.
Do not use negative signs.
Transcribed Image Text:Let's Work It Out operates several retail stores that specialize in products for a healthy lifestyle. Some of its financial information is shown below for its fiscal year ended March 31, 2019. Cost of Goods Sold $73,300 Depreciation Expense - Store Equipment $5,160 Gain on Sale of Equipment $4,300 Insurance Expense $10,700 Interest Expense $1,160 Office Salaries Expense Office Supplies Expense $39,100 $3,000 Sales Discounts $2,800 Sales Returns and Allowances $5,500 Sales Revenue $193.300 Sales Salaries Expense $39.000 Utilities Expense - Office $2,400 Utilities Expense - Retail $5,700 Required Create a multi-step income statement. Do not enter dollar signs or commas in the input boxes. Enter all accounts under the appropriate section in alphabetical order. Do not use negative signs.
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