The following is the accounts found in the trial balance of Bei, Inc., an SME: Lease liabilities - current portion 24,979 Income and other taxes payable 21,185 Selling and Administrative expense 85,972 Financing changes - net 45,344 Dividends Payable 4,116 Current Portion of biological assets - net 4,151 Prepaid Expenses and other current assets 86,585 Investment and advances - net 52,861 Investment in equity and debt instruments 42,055 Biological assets - net of current portion 2,808 Intangible assets - net 279,087 Other noncurrent assets 110,782 Loans payable 169,492 Accounts Payable and accrued expenses 176,037 Other Income (Charges) - net 6,848 Income tax expense 28,513 Current maturities of long-term debt 43,808 Long-term debt - net of current portion 638,996 Cash and Cash equivalents 286,457 Lease liabilities - net of current portion 117,269 Other noncurrent liabilities 47,457 Capital Share 26,630 Share premium 192,328 Retained earnings 229,781 Trade and other receivables - net 136,488 Inventories 127,463 Treasury Shares (116,283) Sales 1,020,502 Cost of Sales 818,815 Property, plant and equipment - net 463,614 Right-of-use-assets - net 173,604 Investment Property - net 51,779 Equity in Net Earnings (Losses) of Associates 105 Gain (Loss) on sale of investment (237) Required: Prepare Statement of Comprehensive Income
The following is the accounts found in the
Lease liabilities - current portion 24,979
Income and other taxes payable 21,185
Selling and Administrative expense 85,972
Financing changes - net 45,344
Dividends Payable 4,116
Current Portion of biological assets - net 4,151
Prepaid Expenses and other current assets 86,585
Investment and advances - net 52,861
Investment in equity and debt instruments 42,055
Biological assets - net of current portion 2,808
Intangible assets - net 279,087
Other noncurrent assets 110,782
Loans payable 169,492
Accounts Payable and accrued expenses 176,037
Other Income (Charges) - net 6,848
Income tax expense 28,513
Current maturities of long-term debt 43,808
Long-term debt - net of current portion 638,996
Cash and Cash equivalents 286,457
Lease liabilities - net of current portion 117,269
Other noncurrent liabilities 47,457
Capital Share 26,630
Share premium 192,328
Trade and other receivables - net 136,488
Inventories 127,463
Treasury Shares (116,283)
Sales 1,020,502
Cost of Sales 818,815
Property, plant and equipment - net 463,614
Right-of-use-assets - net 173,604
Investment Property - net 51,779
Equity in Net Earnings (Losses) of Associates 105
Gain (Loss) on sale of investment (237)
Required:
Prepare Statement of Comprehensive Income
Step by step
Solved in 2 steps
