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Prepare a multi-step income statement for Breanni Rice

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Reference no: EM133133870

Question - The following information is available about Breanni Rice Co. for the month of July 2023.

Salaries expense 13,700

Sales revenue 69,800

Interest income 3,300

Sales returns 1,100

Cost of goods sold 28,700

Utilities expense 3,600

Rent expense 6,700

Income tax expense 6,000

Interest expense 400

Required - Prepare a multi-step income statement for Breanni Rice for the month of July, including gross profit, operating income, income before taxes, and net income.

Reference no: EM133133870

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