Show income statement , Retained earnings statement , Statement of financial position.Service Revenue = 131720 Debit BalancesRs.Credit BalancesRs.Accumulated Depreciation:Building9000 Accounts Payable12000 Notes Payable4000 Salaries Payable1300 Tax payableCash.2522060000Accounts Receivable12000Unexpired InsurancePrepaid RentOffice SuppliesBuildingInsurance ExpenseOffice Rent ExpenseSupplies ExpenseCost of goods sold30000160507100175000 Unearned Services Revenue240002250 Capital Stock35000 Retained Earming7000 Services Revenue90000160008172019000 Long term loan20000Accumulated Depreciation:EquipmentDepreciation Expense: Building2000015000Income Tax Expense15000Interest ExpenseMiscellaneous Expense80004000Equipment35000Dividends12000Depreciation Expense: EquipmentRepair and maintenance ExpenseFuel Expense5000600027100Total421870 Total421870

Formula: Income statement = Total revenues - Total expenses

Debit Balances Rs. Credit Balances Rs. Accumulated Depreciation: Cash 60000 Accounts Receivable Unexpired Insurance Prepaid Rent Office Supplies Building Insurance Expense Office Rent Expense Supplies Expense Cost of goods sold 25220 Building 9000 | Accounts Payable 12000 | Notes Payable 4000 Salaries Payable 1300 Tax payable 175000 Unearned Services Revenue 2250 Capital Stock 35000 Retained Earning 7000 Services Revenue 12000 30000 16050 7100 24000 90000 16000 81720 19000 Long term loan 20000

Debit Balances Rs. Credit Balances Rs. Accumulated Depreciation: Cash 60000 Accounts Receivable Unexpired Insurance Prepaid Rent Office Supplies Building Insurance Expense Office Rent Expense Supplies Expense Cost of goods sold 25220 Building 9000 | Accounts Payable 12000 | Notes Payable 4000 Salaries Payable 1300 Tax payable 175000 Unearned Services Revenue 2250 Capital Stock 35000 Retained Earning 7000 Services Revenue 12000 30000 16050 7100 24000 90000 16000 81720 19000 Long term loan 20000

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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Can you do 2022 income statement of this table? Statement of Profit or Loss and Other Comprehensive Income Presentation Currency Nature of Financial Statements Revenue Revenue from Finance Sector Operations Total Revenue Cost of Sales Cost of Finance Sector Operations Total Costs Gross Profit (Loss) from Commercial Operations Gross Profit (Loss) from Finance Sector Operations Gross Profit (Loss) Profit (Loss) From Operating Activities Profit (Loss) Before Financing Income (Expense) Profit (Loss) from Continuing Operations, Before Tax Profit (Loss) from Continuing Operations Profit (Loss) from Discontinued Operations Net Profit (Loss) Profit (Loss) Attributable To, Non- controlling Interests Profit (Loss) Attributable To, Owners of Parent Other Comprehensive Income (Loss) Total Comprehensive Income (Loss) Total Comprehensive Income Attributable To, Non-controlling Interests Total Comprehensive Income Attributable To, Owners of Parent 2020/12 1000TL Consolidated 21.529.210 37.824.578…
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