Income Statement (LO1) Given the following information, prepare in good form an income statement for...
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Accounting
Income Statement (LO1) Given the following information, prepare in good form an income statement for Jonas Brothers Cough Drop Must write all accounts in order. Abbreviated terms are accepted.
Each calculation must be labeled with the correct account name and dollar value.
Selling and administrative expense. 5250,000
Depreciation expense. 190.000
Sales. 1.600,000
Interest expense. 120.000
Cost of goods sold. 480,000
Taxes. 165.000
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