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Author Question: Richardson Company has provided you with the following numbers pulled from various budgets related ... (Read 40 times)

mimie

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Richardson Company has provided you with the following numbers pulled from various budgets related to January 2020 activity:

Beginning cash balance from cash budget$   12,000
Sales revenue from sales budget300,000
Cost of goods sold from cost of goods sold budget180,000
Selling and administrative expenses from selling and administrative
     expense budget (includes depreciation expense of $5,000)
50,000
Interest expense from cash budget8,000

Required:

Prepare a pro-forma income statement for Richardson Company


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Marked as best answer by mimie on Feb 5, 2023

bball_babe_123

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mimie

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Reply 2 on: Feb 5, 2023
Excellent


nyrave

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Reply 3 on: Yesterday
:D TYSM

 

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