BC Ltd. Has collected the llowing dald die as Cost of Merchandise Sold Machine Depreciation Expense Income Tax Expense Bank fees Expense Insurance Expense Utilities Expense Gain from asset disposition Sales Commisions Expense Sales Revenue $56,120 $8,000 $6,896 $1,300 $1,000 $500 $7,000 $20,000 $100,000

BC Ltd. Has collected the llowing dald die as Cost of Merchandise Sold Machine Depreciation Expense Income Tax Expense Bank fees Expense Insurance Expense Utilities Expense Gain from asset disposition Sales Commisions Expense Sales Revenue $56,120 $8,000 $6,896 $1,300 $1,000 $500 $7,000 $20,000 $100,000

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter12: Financial Statements, Closing Entries, And Reversing Entries

Section: Chapter Questions

Problem 3E: Identify each of the following items relating to sections of an income statement as Revenue from...

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Please help me . Thankyou.
Denger
Prepare: Income Tax Due using eBIR Form