Question: Given the following income statement for GG Inc and the

Given the following income statement for GG Inc. and the adjustments to be made, rebuild its income statement.
GG Inc. should use the straight-line depreciation method, which incurred only $1,500 in depreciation.
GG Inc. forgot to book $4,000 in salary paid during the year.
GG Inc. should use the new corporate tax rate, which is 30percent.



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  • CreatedFebruary 25, 2015
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