Teddy Thomas, a real estate agent, requires you to prepare a statement of profit or loss for
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Teddy Thomas, a real estate agent, requires you to prepare a statement of profit or loss for the period ended 31 December 2020: donations $120; office wages $8400; sales salaries $30,000; sales commission expense $6000; advertising $4800; rent expense $2400; rates and land tax expenses $3600; stationery expense $960; fee revenue $324000; interest paid on loan $5040; interest earned on term deposit $1440; mobile phone expense $1704.
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Accounting Business Reporting For Decision Making
ISBN: 9780730369325
7th Edition
Authors: Jacqueline Birt, Keryn Chalmers, Suzanne Maloney, Albie Brooks, Judy Oliver, David Bond
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