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ONLY NEED THE FINAL SLIDES - single step income statement The following accosint
balances were included in the triat balance of Concord Corporation at June 30,2020 The
Retained Earnings account had a balance of $339,770 st fulv 1.2019. There are 80,550 shares of
commonstock outstanding
CONCORD CORPORATION Retained Earnings Statement For the Year Ended June 30, 2020
Retained Eamings, July 1,2019, as Reported : Cortection of Depreciation Understatement :
Retained Earnings, July 1, 2019, as Adjusted : Add : : Net Income/(toss) Les : Dividends
Declared on Common Stock: Dividends Declared on Preferred Stock $ 34,320 i. : Retained
Earnings June 30.2020 eTextbook and Media
Dividends Earnings Per Share Expenses Gross Profit / (Loss) Income Before Income Tax
Income From Operations Net Income / (Loss) Retained Earnings, July 1 Retained Earnings, June
30 Revenues Total Expenses Total Revenues
Using the multiple-step form, prepare an income statement for the year ended June 30,2020.
(Round earnings per share fo 2 decimal places, e.s. 1.48 .8
punt balances were included in the trial balance of Concord Corporation at June 30, 2020 . ngs
account had a balance of $339,770 at July 1,2019 . There are 80,550 shares of common stock
outstanding.
Using the single-step form, prepare an income statement for the year ended June 30, 2020,
(Round earnings per share to 2 decimal places, e.g. 1.48.)
Sales Commissions Travel Expense Delivery Expense Entertainment Expense Telephone and
Internet Expense Depreciation Expense Maintenance and Repairs Expense Bad Debt Expense
Miscellaneous Selling Expenses Total Selling Expenses Administrative Expenses Office
Expenses Depreciation Expense Supplies Expense Telephone and Internet Expense
$ I eTextbook and Media

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ONLY NEED THE FINAL SLIDES - single step income statement The follo.pdf

  • 1. ONLY NEED THE FINAL SLIDES - single step income statement The following accosint balances were included in the triat balance of Concord Corporation at June 30,2020 The Retained Earnings account had a balance of $339,770 st fulv 1.2019. There are 80,550 shares of commonstock outstanding CONCORD CORPORATION Retained Earnings Statement For the Year Ended June 30, 2020 Retained Eamings, July 1,2019, as Reported : Cortection of Depreciation Understatement : Retained Earnings, July 1, 2019, as Adjusted : Add : : Net Income/(toss) Les : Dividends Declared on Common Stock: Dividends Declared on Preferred Stock $ 34,320 i. : Retained Earnings June 30.2020 eTextbook and Media Dividends Earnings Per Share Expenses Gross Profit / (Loss) Income Before Income Tax Income From Operations Net Income / (Loss) Retained Earnings, July 1 Retained Earnings, June 30 Revenues Total Expenses Total Revenues Using the multiple-step form, prepare an income statement for the year ended June 30,2020. (Round earnings per share fo 2 decimal places, e.s. 1.48 .8 punt balances were included in the trial balance of Concord Corporation at June 30, 2020 . ngs
  • 2. account had a balance of $339,770 at July 1,2019 . There are 80,550 shares of common stock outstanding. Using the single-step form, prepare an income statement for the year ended June 30, 2020, (Round earnings per share to 2 decimal places, e.g. 1.48.) Sales Commissions Travel Expense Delivery Expense Entertainment Expense Telephone and Internet Expense Depreciation Expense Maintenance and Repairs Expense Bad Debt Expense Miscellaneous Selling Expenses Total Selling Expenses Administrative Expenses Office Expenses Depreciation Expense Supplies Expense Telephone and Internet Expense $ I eTextbook and Media