Selected financial information for Onshore Co. for the year ended December 31, 2010, follows. Revenues . .
Question:
Selected financial information for Onshore Co. for the year ended December 31, 2010, follows.
Revenues . . . . . . . . $69,000
Expenses . . . . . . . . $53,682
Net income . . . . . . $15,318
Required
Prepare the 2010 income statement for Onshore Company.
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Jacob Akomeah
I hold Degrees in Bachelor of Education in Psychology (Accounting Major) and Master of Business Administration in Finance, all from University of Cape Coast. A Part 2 qualified of the professional exams of the Institute of Chartered Accountants- Ghana. I hold professional level of the Chartered Institute of Taxation, Ghana. I have over 10 years teaching experience in the field of Accounting and Finance.
Master of Business Administration in Finance, University of Cape Coast, Cape Coast, 2014-2016
Bachelor of Education in Psychology (Accounting Option), University of Cape Coast, Cape Coast, 2004-2008
Senior secondary School Certificate, New Juaben Secondary Commercial, Koforidua, 1998-2000
Basic Education Certificate, CRIG Junior Secondary School, New Tafo- Akim, 1995-1997
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• Institute of Chartered Accountants of Ghana (Part 3)
• Chartered Institute of Taxation (Professional Level)
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