173. Burke Company The following income statement items are taken from the records of Burke Company for the year ended December 31, 2014: Advertising expense $2,600 Commission expense 3,515 Cost of goods sold 29,200 Depreciation expense - Office Building 4,000 Income tax expense 190 Insurance expense - sales person's auto 3,350 Interest expense 1,400 Interest revenue 2,340 Rent revenue 7,700 Salaries and wages expense - Office 13,660 Sales Revenue 50,300 Supplies expense - Office 1,990 Read the information about Burke Company. Required: Prepare a multiple-step income statement for the year ended December 31, 2014. | |
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