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Prepare the multistep income statement for the year ended

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Question - Spring Cleaning Company reported the following balances for 2020. Use this information to prepare the multistep income statement for the year ended December 31, 2020.

Advertising expense $7,200

Cost of goods sold 11,200

Gain on sale of land 5,000

Income tax expense 100

Interest expense 2,240

Loss from fire damage 9,400

Revenue 62,800

Salaries expense 22,170

Supplies expense 8,450

Utilities expense 2,900

Reference no: EM133132609

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