Jason Bond Company operates two restaurants, one in Valencia and one in Saugus. The operations and cash
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The other expenses do not include income tax expense. During the later part of 2011, Jason Bond sold much of the kitchen equipment of the Saugus restaurant and recognized a pretax gain of $15,000 on the disposal. The income tax rate for Jason Bond is 35%. Prepare the 3-year comparative income statement for20092011.
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Related Book For
Intermediate Accounting
ISBN: 978-0324592375
17th Edition
Authors: James D. Stice, Earl K. Stice, Fred Skousen
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