Robstown Corporation Income Statement For The Year Ended December 31 20y8

Be sure to complete the statement heading.

Robstown corporation income statement for the year ended december 31 20y8. For the year ended december 31 2015. Prepare a multiple step income statement for the year ended december 31 2 019. Statement of cost of goods manufactured and income statement for a manufacturing company the following information is available for robstown corporation for 20y8. Answers requirement a robstown corporation statement of cost of goods manufactured for the year ended december 31 20y8 1 work in process inventory january 1 20y8 625 200 2 direc view the full answer.

Would have the following heading. The bonds pay interest semiannually on june 30 and december 31 and the maturity date is december 31 2020. 3 finished goods inventory january 1 20y8 101 200 00 4 cost of goods manufactured 1 989 250 00 5 cost of finished goods available for sale 2 090 450 00 6 less finished goods inventory december 31. Accounting cornerstones of financial accounting exercise 1 48 income statement the following information is available for wright auto supply at december 31 2019.

Quinton corporation records straight line amortization of the bond discount. The robstown corporation income statement the robstown corporation income statement score. 132 132 1 sales 3 850 000 00 2 cost of goods sold. Inventories january 1 december 31 materials 44 250 31 700 work in process 63 900 80 000 finished goods 101 200 99 800 advertising expense 400 000 depreciation expense office equipment 30 000 depreciation expense factory.

Use the list of labels and amount descriptions for the correct wording of text items other than account names. Robstown corporation income statement for the year ended december 31 20y8 sales 3 850 000 cost of goods sold. All income statements have a heading that display s the company name title of the statement and the time period of the report. Finished goods inventory january 1 20y8 101 200 cost of goods manufactured 1 989 250 cost of finished goods available for sale 2 090 450 finished goods inventory december 31.

Paul s guitar shop inc. If a net loss has been incurred enter that amount as a negative number using a minus sign. Prepare a single step income statement for the year ended december 31 2019. The following information is available for robstown corporation for 20y8.

Prepare an income statement for the year ended december 31. The bond interest expense for the year ended december 31 2016 is. Instructions amount descriptions statement of cost of goods manufactured income statement instructions the following information is available for robstown corporation for 20y8. The bonds are sold for 98 000.