Solution-What the amount would ABC report as income from

What the amount would ABC report as income from operations

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Reference no: EM133066155

Question - ABC had the following account balances:

Sales revenue €180,000

Cost of goods sold 90,000

Salaries and wages expense 15,000

Depreciation expense 30,000

Dividend revenue 6,000

Utilities expense 21,000

Rent revenue 30,000

Interest expense 18,000

Sales returns 16,500

Sales discount 10,000

Advertising expense 19,500

Required - What the amount would ABC report as income from operations in its income statement?

Reference no: EM133066155

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What the amount would ABC report as income from operations

Reference no: EM133066155

Reference no: EM133066155

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