Total Expenses Operating Income (Loss)

Homework Question 6

Total Expenses<br>Operating Income (Loss)<br>

Extracted text: Total Expenses Operating Income (Loss)

The Windshield Doctors repair chips in car windshields. The company incurred the following operating costs for the month of March 2018:<br>E (Click the icon to view the operating costs.)<br>The Windshield Doctors earned $23,000 in service revenues for the month of March by repairing 500 windshields. All costs shown are considered to be directly related to the repair service.<br>Read the requirements.<br>Requirement 1. Prepare an income statement for the month of March.<br>Data Table<br>The Windshield Doctors<br>Income Statement<br>Month Ended March 31, 2018<br>Salaries and wages<br>12,000<br>Revenues:<br>Windshield repair materials<br>4,600<br>Depreciation on truck<br>300<br>Expenses:<br>Depreciation on building and equipment<br>1,200<br>Supplies used<br>300<br>Utilities<br>460<br>Print<br>Done<br>

Extracted text: The Windshield Doctors repair chips in car windshields. The company incurred the following operating costs for the month of March 2018: E (Click the icon to view the operating costs.) The Windshield Doctors earned $23,000 in service revenues for the month of March by repairing 500 windshields. All costs shown are considered to be directly related to the repair service. Read the requirements. Requirement 1. Prepare an income statement for the month of March. Data Table The Windshield Doctors Income Statement Month Ended March 31, 2018 Salaries and wages 12,000 Revenues: Windshield repair materials 4,600 Depreciation on truck 300 Expenses: Depreciation on building and equipment 1,200 Supplies used 300 Utilities 460 Print Done

Jun 11, 2022

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Total Expenses Operating Income (Loss)

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