Q4 form data the following. prepare the in come statement. Sales revenue 500 000 purchase 350 000 Finished goods inventory 1/1 180 000 Finished goods inventory 31/12 280 000 return purchase 50 000 rent expenses 2000 administrative expenses 3000 other expenses 4000 sales salaries' 1000 depreciation 6000 tax income 5000

Q4 form data the following. prepare the in come statement. Sales revenue 500 000 purchase 350 000 Finished goods inventory 1/1 180 000 Finished goods inventory 31/12 280 000 return purchase 50 000 rent expenses 2000 administrative expenses 3000 other expenses 4000 sales salaries' 1000 depreciation 6000 tax income 5000

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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