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    Tarea 2.1 Acco 1050

    Uploaded by

    Caroline Class
    The document contains 3 examples of income statements for different businesses. The first is a multi-step income statement for a furniture store showing sales, costs, expenses, and gross and operating income. The second is a single-step income statement combining categories for a rental property. The third is a multiple-step income statement for an auto parts sale breaking out costs, operating expenses, and operating income.

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    Tarea 2.1 Acco 1050

    Uploaded by

    Caroline Class
    124 views8 pages
    The document contains 3 examples of income statements for different businesses. The first is a multi-step income statement for a furniture store showing sales, costs, expenses, and gross and operating income. The second is a single-step income statement combining categories for a rental property. The third is a multiple-step income statement for an auto parts sale breaking out costs, operating expenses, and operating income.

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    © © All Rights Reserved

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    The document contains 3 examples of income statements for different businesses. The first is a multi-step income statement for a furniture store showing sales, costs, expenses, and gross and operating income. The second is a single-step income statement combining categories for a rental property. The third is a multiple-step income statement for an auto parts sale breaking out costs, operating expenses, and operating income.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    124 views8 pages

    Tarea 2.1 Acco 1050

    Uploaded by

    Caroline Class
    The document contains 3 examples of income statements for different businesses. The first is a multi-step income statement for a furniture store showing sales, costs, expenses, and gross and operating income. The second is a single-step income statement combining categories for a rental property. The third is a multiple-step income statement for an auto parts sale breaking out costs, operating expenses, and operating income.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
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    Muebles de la Montaña

    Multi-Step Income Statement

    Sales:
    Less : Cost of Merchandise Sold
    Gross Margin:
    Expenses:
    Operating expenses:

    Accumulated Depreciation-Truck
    Advertising Expense
    Total operating expenses:

    Administrative Expenses:
    Administrative Expenses
    General Expenses:
    Telephone Expense
    Salaries Expense
    Advertising Expense
    Utilities Expense
    Total general expenses:

    Total Operating expenses:

    Operation Income:

    Single-step income statement

    Sales:
    Rent Revenue:
    Total Income:
    Less expenses:
    Cost of Merchandise Sold
    Advertising Expense
    Administrative Expense
    Interest Expense
    Utilities Expense
    Total Expenses:
    Operation Income:

    Auto parts sale


    Multiple-step income statement

    Sales
    Less: Cost of Merchandise Sold

    Expenses:
    Operating expenses:
    Accumulated Depreciation-Building

    Administrative expenses:
    Administrative Expense
    General Expenses:
    Telephone Expense
    Salaries Expense
    Utilities Expense
    Total general expenses:

    Total Operating expenses:

    Operation Income:
    s de la Montaña
    Income Statement

    $ 1,650,000.00
    $ 650,000.00
    $ 1,000,000.00

    $ 15,000.00
    $ 12,000.00
    $ 27,000.00

    $ 3,300.00

    $ 2,000.00
    $ 29,000.00
    $ 12,000.00
    $ 1,200.00
    $ 44,200.00

    $ 74,500.00

    $ 925,500.00

    p income statement

    $ 6,110,760.00
    $ 24,000.00
    $ 6,134,760.00

    $ 3,550,000.00
    $ 3,500.00
    $ 10,500.00
    $ 1,550.00
    $ 4,500.00
    $ 3,570,050.00
    $ 2,564,710.00

    to parts sale
    ep income statement

    $ 8,020,000.00
    $ 620,000.00
    $ 7,400,000.00

    $ 18,000.00

    $ 7,500.00

    $ 2,000.00
    $ 15,000.00
    $ 1,700.00
    $ 18,700.00

    $ 44,200.00

    $ 7,355,800.00

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