Question

mework: Chapter 5 Homework HW Scor re: 0 of 1 pt 63 3-24 (similar to) Etient Chin Byases a purple story system. The used to be an offer Once you arch 31, 2016. follows: can to the d oor Praca ima sametfor me your und March 11.2018 0 Date Table Efficient Office System come Starter Year End Warch 31, 2018 Balance Debit Crode Acess Mercedes vertory Die Sales 13.900 31.700 ,500 42500 13.50 Dodecatoria Асоста Риунни Bolanos Payobe to Pation to 530 33.000 10 ME Chemor A s showing

Answer 1

Solution:

Efficient office system
Income staetment
For the year ended March 31, 2018
Particulars		Amount
Revenues:
Sales revenue		$233,000.00
Expenses:
Cost of goods sold	$104,850.00
Selling expense	$27,000.00
Administrative expense	$14,700.00
Interest expense	$2,900.00
Total expenses		$149,450.00
Net income (Loss)		$83,550.00