QUESTION

Text
Image


PROFESSOR: roblem tip The accounts of Marissa Babilonia Health Store selected from the Dec. 31, 2018 trial glance are as follows: Advertising Expense Transportation Out Dapreciation Expense-Office Equipment Depreciation Expense-Store Equipment Transportation In Merchandise Inventory, 1/1/2018 Mechandise inventory, 12/31/2018 Miscellaneous Expenses Dffice Supplies Expense Purchases Purchases Returns and Allowances Purchases Discounts Salaries Expense-Selling Salaries Expense-General Sales Sales Returns and Allowances. Sales Discounts Soling Supplies Expense P. 150,000 260,000 110,000 140,000 100,000 $1,160,000$ $1,040,000$ 90,000 430,000 $6,710,000$ 250,000 180,000 960,000 $1,130,000$ $9,810,000$ 260,000 140,000 70,000 lequired: Prepare the income statement using the function of expense method.

Public Answer

432JR9 The First Answerer