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Peyton Approved Income Statement For Year Ended 12312016 Bakery Sales 21425648 Merchandise Sales 77076 Total Revenues 21502724 Cost of Goods Sold - Baked 7315959 Cost of Goods Sold - Merchandise 54964 Total Cost of Goods Sold 7370923 Gross Profit 14181801 Operating Expenses.

Peyton approved income statement. Peyton Approved Post Closing Trial Balance Qtr. Ending 9302018 Unadjusted Trial Balance Credit Account Debit Cash Baking Supplies Merchandise Inventory FIFO Prepaid Rent Prepaid Insurance Baking Equipment Accumulated Depreciation Office Supplies Accounts Receivable Accounts Payable Wa Interest Payable Common Stock Totals Unadjusted trial. Below you will find the data.

Final adjusting entries have not yet been made. Expense 278000 Office Supplies Expense 135000 Business License Expense. Rent Expense 1569423 Wages Expense 682176 Misc.

PEYTON APPROVED FINANCIAL DATA Preliminary Financial Statements have already been prepared 2017 statements in the Final Project Workbook. Cost of Goods Sold - Baked. - plus Net Income 83637.

Expense 8719 Depreciation Expense. Peyton Approved Financial Data. Preliminary Financial Statements have already been prepared 2017 statements in the Final Project Workbook.

See the table for possible adjustments that indicate what. See table for possible adjustments that indicate what will be recorded at 123117 fiscal year end. Rent Expense 157673195 Wages.

Plus Net Income 5014484 17557618 less Dividends. Ending Balance 10500000 12072102 Peyton Approved Statement of Retained Earnings. Peyton Approved Financial Data.

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