Legal and audit fees Rent for office space, share equally by the administrative and sales offices 700,000 2,400,000 600,000 Delivery expense Office salaries Insurance Sales representative salaries Sales discount Depreciation expense- sales equipment Depreciation expense – office equipment Advertising expense Sales commission expense 1,500,000 850,000 650,000 250,000 50,000 75,000 150,000 350,000 15,500,000 6,500,000 Sales Cost of goods sold
Legal and audit fees Rent for office space, share equally by the administrative and sales offices 700,000 2,400,000 600,000 Delivery expense Office salaries Insurance Sales representative salaries Sales discount Depreciation expense- sales equipment Depreciation expense – office equipment Advertising expense Sales commission expense 1,500,000 850,000 650,000 250,000 50,000 75,000 150,000 350,000 15,500,000 6,500,000 Sales Cost of goods sold
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter9: Metric-analysis Of Financial Statements
Section: Chapter Questions
Problem 9.23E: Unusual income statement items Assume that the amount of each of the following items is material to...
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Compute for the Net Income.
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