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-   -   Single step and multi step income statement (https://www.askmehelpdesk.com/showthread.php?t=132766)

  • Sep 23, 2007, 08:15 AM
    tvlaptop
    Single step and multi step income statement
    I have to make single and multiple statement out of the followng accounts.
    How can I arrange the following and also I don't know about the last four items (where they will come on the income statement)

    Sales Revenue item
    Depreciation expense expense item
    Insurance expense expense item
    Salaries expense expense
    Delivery expense expense
    Cost of goods sold expense
    Interest expense expense
    Rental income??
    Income tax rate??
    Beginning Retained Earnings ?
    Dividends ??

    Thanks

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