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Business, 09.04.2020 19:24 sakugrey

Presented below is information for Oakley Company for the month of March 2020.

Cost of goods sold $254,000
Rent expense $36,000
Freight-out 7,500
Sales discounts 8,800
Insurance expense 5,000
Sales returns and allowances 11,000
Salaries and wages expense 75,000
Sales revenue 425,000

Prepare a multiple -step income statement.

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Presented below is information for Oakley Company for the month of March 2020.

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