Insert a pie chart with a 2-D visual effect for 2018 using all expense items in a new worksheet called, “Comparing Expenses”. Include all relevant labels, titles (not shown) and legends while changing the default colors.Thom-Pierre Consultants (TPC) Tax RateCOMPARITIVE INCOME STATEMENT 30%for years ended 31 December 20182019 Revenues and gains *Sales revenue *Interest revenue *Investment Income *Other revenue Total revenue and gains Expenses and losses **Cost of goods sold 460,000 **Selling and admin administrative 195,000 ***Computer (operating) **Depreciation 55,000 **Interest expense 25,200 Total expenses and losses Income before taxes Income tax expense (30%) Net Income

In the given question, we are provided financial data for the year 2018. We are required to prepare…

Answered: Insert a pie chart with a 2-D visual…

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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Insert a pie chart with a 2-D visual effect for 2018 using all expense items in a new worksheet called, “Comparing Expenses”. Include all relevant labels, titles (not shown) and legends while changing the default colors.

Thom-Pierre Consultants (TPC)				Tax Rate
COMPARITIVE INCOME STATEMENT			30%
for years ended 31 December
			2018	2019
Revenues and gains
*Sales revenue
*Interest revenue
*Investment Income
*Other revenue
Total revenue and gains

Expenses and losses
**Cost of goods sold	460,000
**Selling and admin administrative	195,000
***Computer (operating)
**Depreciation		55,000
**Interest expense		25,200
Total expenses and losses
Income before taxes
Income tax expense (30%)
Net Income

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