Brisky corporation had net sales of 2410400 prepare a


Question - Brisky Corporation had net sales of $2,410,400 and interest revenue of $36,000 during 2014. Expenses for 2014 were cost of goods sold $1,455,100; administrative expenses $215,500; selling expenses $293,200; and interest expense $45,500. Brisky's tax rate is 30%. The corporation had 100,600 shares of common stock authorized and 71,900 shares issued and outstanding during 2014. Prepare a condensed multiple-step income statement for Brisky Corporation.

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Accounting Basics: Brisky corporation had net sales of 2410400 prepare a
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