2018 852,000 otal revenue expenses osts of goods sold elling/general experies 232,000 9,200 $402,000 nterest expenses ncome tax expense $3,000 736,200 total expenses Net income 125,100 2017 912,000 $ 408,000 264,000 10,500 84,000 766,500 145,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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2018
852,000
2017
912,000
otal revenue
expenses
$402,000
Osts of goods sold
elling/general experies 232,000
$ 408,000
264,000
10,500
Interest expenses
9,200
84,000
$3,000
ncome tax expense
726,200
766,500
total expenses.
Net income
125,800
145,000
726,200
Show Amount increase / decrease and also the Percentage
Transcribed Image Text:2018 852,000 2017 912,000 otal revenue expenses $402,000 Osts of goods sold elling/general experies 232,000 $ 408,000 264,000 10,500 Interest expenses 9,200 84,000 $3,000 ncome tax expense 726,200 766,500 total expenses. Net income 125,800 145,000 726,200 Show Amount increase / decrease and also the Percentage
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