In: Accounting
Year |
2015 |
2014 |
2013 |
2012 |
2011 |
Net income |
$1042 |
$903 |
$753 |
$850 |
$805 |
Net sales |
$11454 |
$10773 |
$10459 |
$10364 |
$9613 |
Profit margin |
9.1 |
8.4 |
7,2 |
8.2 |
8,4 |
Industry profit margin |
2.8 |
2.5 |
8,2 |
2,2 |
2,1 |
How to create journal entries in a correct format for this problem.