from the following tralasaction, prepar in come StatementSales reven uetinished Goeds 50006 Net purchases lo o00rent expenses250 000returns sales lo o 003000So006 vent revenueadministrutive Expensese 2e0 Sales salaries loooDepreriationother expensesetax incometooot500-6 finished goads 34 7o00 .tooo

Financial Statement: Every organization has to prepare its financial statements at regular intervals…

from the foll ow ing traasaction, prepar income Statement- Sales reven ue finished Goeds 5000 f Net purchases loo00 rent expenses 250 000 Yeturns sales lo o00 So00 6 vent revenue 3000 administrutive Expensee 200f Sales salaries looo Depresiation Looo other expensese tsoo6 finished goads 3Vt 7o00 taxincome tooo

from the foll ow ing traasaction, prepar income Statement- Sales reven ue finished Goeds 5000 f Net purchases loo00 rent expenses 250 000 Yeturns sales lo o00 So00 6 vent revenue 3000 administrutive Expensee 200f Sales salaries looo Depresiation Looo other expensese tsoo6 finished goads 3Vt 7o00 taxincome tooo

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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