Comprehensive Income Archives

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Prepare:-Statement of Comprehensive Income for the year ended 31st March 2022

Posted on May 3, 2023 by Shady

Financial statement Assignment 2 On 31st March, 2022 the following Trial Balance was extracted from the books of Mr. Ben. Debit Balances Rs Credit Balances Rs. Sundry Debtors 20,100 Capital 28,000 Drawings 3,000 Loan on Mortgage 9,500 Bills receivables 6,882 Rent received 250 Interest on Loan 300 Bill Payable 2,614 Cash […]

What is the account and amount of the top line item on the Statement of Comprehensive Income?What is the account and the amount of the bottom line item on the Statement of Comprehensive Income?

Posted on January 20, 2022 by Shady

Respond to one or more question(s) from each of the three categories below. Category: Revenue and Net Income 1. What was the corporation’s net sales, cost of goods sold, and gross profit? 2. What was the corporate tax rate? 3. What was the corporation’s net interest expense? Category: Comprehensive Income 1. What is the account […]

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