Please make a cost by nature Income Statement for the following points: a) Write off (in minus) of short-term financial assets 9000 b) Other costs by nature 4 000 c) Change in inventories of traded goods + 2 000 d) Revenue from sale of building 50 000

College Accounting, Chapters 1-27
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ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter18: Accounting For Long-term Assets
Section: Chapter Questions
Problem 5CE: Prepare journal entries for the following transactions: a. A machine with a cost of 10,000 and...
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Please make a cost by nature Income Statement
for the following points:
a) Write off (in minus) of short-term financial assets 9000
b) Other costs by nature 4 000
c) Change in inventories of traded goods + 2 000
d) Revenue from sale of building 50 000
e) Income tax 10%
f) Revenue from sale of traded goods 12 000
g) Retained profits from previous years 10 000
h) Accumulated depreciation of building 49 000
i) Historical cost of building 102 000
Transcribed Image Text:Please make a cost by nature Income Statement for the following points: a) Write off (in minus) of short-term financial assets 9000 b) Other costs by nature 4 000 c) Change in inventories of traded goods + 2 000 d) Revenue from sale of building 50 000 e) Income tax 10% f) Revenue from sale of traded goods 12 000 g) Retained profits from previous years 10 000 h) Accumulated depreciation of building 49 000 i) Historical cost of building 102 000
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