To prepare multi step income statement MSM and to upload excel file. ...

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Accounting

To prepare multi step income statement MSM and to upload excel file.

Sales 550 000

Salaries exp. 51 000

Sales returns and allowances 16 700

Sales discounts 4300

Rent exp. 16 300

Cost of goods sold 355 000

Utilities exp. 17 000

Advertising exp. 16 000

Interest revenue 2200

Depreciation exp. 8000

Freight out 7000

Insurance exp. 1500

Interest exp. 1800

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