Check out some similar questions!
Multiple-step income statement in good form and retained earnings statement
[ 1 Answers ]
Hi I would like someone to check to see if I did this correctly, if I did not then please help. Thanks The Problem is: The following pretax amounts pertain to River Corp. for the year ended December 31, 2008. Sales... $400,000 Operating Expenses... 84,000 Extraordinary gain... 30,000...
Income statement, owners equity statement and balance sheet
[ 6 Answers ]
Les Fleurs, a boutique in Paris, France, had the following accounts in its accounting records at December 31, 20X2 (amounts in Euros, denoted as "E") Purchases………………... E250,000 Freight In……………… E8,000 Sales discounts…………. 4,000 Purchase returns…….. 7,000 Inventory Sales…………………. ...
Income Statement
[ 1 Answers ]
If the purpose of the income statement is to report the results of operating activities, why is there a section on the statement of cash flows that reports the results of operating activities?
Does the Income Summary Balance go to Income Statement
[ 3 Answers ]
I am doing a 10 column worksheet and I have a credit $ amount in the Income Summary account in the Adjusted Trial Balance. Do I move that to the Income Statement or the Balance Sheet section of the worksheet? View more questions Search
Add your answer here.
|