Missing amounts completing the income statement accounting homework help

Fill in the missing amounts. Begin by completing the income statement.

Fox Company

Income Statement

For the Year Ended December 31, 2012

Sales . . . . . . . . . . . . . . . . . .

$750,000

Cost of goods sold . . . . . . .?????

Gross profit on sales . . . . . .

450,000

Administrative expenses . .

50,000

Operating income . . . . . . . .??????

Interest expense . . . . . . . . .

5,000

Income tax expense . . . . . .

138,250

Net income . . . . . . . . . . . . .

Now fill in the missing amounts on the balance sheet.

Fox Company

Balance Sheet

At December 31, 2012

Cash . . . . . . . . . . . . . . . . . .???

Accounts payable . . .

$13,100

Accounts receivable . . . . . .

14,000

Note payable . . . . . . .

9,600

Inventory . . . . . . . . . . . . . . .

49,000

Equipment . . . . . . . . . . . . . .

965,000

Contributed capital . .

550,000

Retained earnings . . .???

Total . . . . . . . . . . . . . . . . . .

$1,132,000

Total . . . . . . . . . . . . . .?????

 
Do you need a similar assignment done for you from scratch? We have qualified writers to help you. We assure you an A+ quality paper that is free from plagiarism. Order now for an Amazing Discount! Use Discount Code “Newclient” for a 15% Discount!NB: We do not resell papers. Upon ordering, we do an original paper exclusively for you.

The post Missing amounts completing the income statement accounting homework help appeared first on Nursing Writers Hub.

Order a similar paper and get 15% discount on your first order with us

Dr. Padma Myers
Dr. Padma Myers
98% Success Rate
Read More
“Hello, I deliver nursing papers on time following instructions from the client. My primary goal is customer satisfaction. Welcome for plagiarism free papers”
Stern Frea
Stern Frea
98% Success Rate
Read More
Hi! I am an English Language and Literature graduate; I have written many academic essays, including argumentative essays, research papers, and literary analysis.
Dr. Ishid Elsa
Dr. Ishid Elsa
98% Success Rate
Read More
"Hi, count on me to deliver quality papers that meet your expectations. I write well researched papers in the fields of nursing and medicine".
Dr. Paul P. Klug
Dr. Paul P. Klug
99% Success Rate
Read More
"A top writer with proven reliability and experience. I have a 99% success rate, overall rating of 10. Hire me for quality custom written nursing papers. Thank you"

How Our Essay Writing Service Works

Tell Us Your Requirements

Fill out order details and instructions, then upload any files or additional materials if needed. Then, confirm your order by clicking “Place an Order.”

Make your payment

Your payment is processed by a secure system. We accept Mastercard, Visa, Amex, and Discover. We don’t share any informati.on with third parties

The Writing Process

You can communicate with your writer. Clarify or track order with our customer support team. Upload all the necessary files for the writer to use.

Download your paper

Check your paper on your client profile. If it meets your requirements, approve and download. If any changes are needed, request a revision to be done.

Recent Questions

homework problem

Complete the following homework problem: In your own words, please submit your responses in one document (MS Word, PDF) and upload it as an attachment

Read More »

Homework Question

You have just written a ten-page report for your supervisor. The report outlines the total sales made by your team made in the past year,

Read More »

homework question 55

1. Compare and contrast Strategic and Tactical Analysis and its application to street crimes such as robbery and property crimes such as burglary. In your

Read More »

Stay In Touch!

Leave your email and get discount promo codes and the best essay samples from our writers!