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B. Below is the Statement of Comprehensive Income of Q & A Trading Company: 2020 P1,939,500 900,000 1,039,500 445,500 37,575 P 556,425 2019 P 1,674,675 843,975 830,700 409,725 30,825 P 390,150 Percentage Perœntage Reverue Cost of Goods Sold Gross Profit Selling and General Experses Other Experses Net Income Requirements: Dhonom oIOntionl orolunio for O 8: A Tndina CompoNI

B. Below is the Statement of Comprehensive Income of Q & A Trading Company: 2020 P1,939,500 900,000 1,039,500 445,500 37,575 P 556,425 2019 P 1,674,675 843,975 830,700 409,725 30,825 P 390,150 Percentage Perœntage Reverue Cost of Goods Sold Gross Profit Selling and General Experses Other Experses Net Income Requirements: Dhonom oIOntionl orolunio for O 8: A Tndina CompoNI

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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B. Below is the Statement of Comprehensive Income of Q & A Trading Company: Percentage 2020 P1,939,500 900,000 1,039,500 445,500 37,575 P 556,425 2019 Percentage Revenue Cost of Goods Sold Gross Profit Selling and General Experses Other Experses Net Income P1,674,675 843,975 830,700 409,725 30,825 P 390,150 Requirements: Prepare a vertical aralysis for Q & A Trading Compary.
Transcribed Image Text:B. Below is the Statement of Comprehensive Income of Q & A Trading Company: Percentage 2020 P1,939,500 900,000 1,039,500 445,500 37,575 P 556,425 2019 Percentage Revenue Cost of Goods Sold Gross Profit Selling and General Experses Other Experses Net Income P1,674,675 843,975 830,700 409,725 30,825 P 390,150 Requirements: Prepare a vertical aralysis for Q & A Trading Compary.
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