Andre and Anton Plumbing Services Pty Ltd had sales of $825,000 over the financial year ended...
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Andre and Anton Plumbing Services Pty Ltd had sales of $825,000 over the financial year ended 30 June 20XY. Cost of goods sold was $260,000 and administrative and sales expense was $180,000. Depreciation was calculated at $65,000. Interest earnings were $15,000 and interest paid on loans was $35,000. The tax rate is 30%. Required: Prepare the Income Statement Ended 30 June 20XY for Andre and Anton Plumbing Services Pty Ltd. Gross Profit Andre and Anton Plumbing Services Pty Ltd Income Statement For the Year Ended 30 June 20XY Andre and Anton Plumbing Services Pty Ltd had sales of $825,000 over the financial year ended 30 June 20XY. Cost of goods sold was $260,000 and administrative and sales expense was $180,000. Depreciation was calculated at $65,000. Interest earnings were $15,000 and interest paid on loans was $35,000. The tax rate is 30%. Required: Prepare the Income Statement Ended 30 June 20XY for Andre and Anton Plumbing Services Pty Ltd. Gross Profit Andre and Anton Plumbing Services Pty Ltd Income Statement For the Year Ended 30 June 20XY
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Related Book For
Accounting
ISBN: 978-1118608227
9th edition
Authors: Lew Edwards, John Medlin, Keryn Chalmers, Andreas Hellmann, Claire Beattie, Jodie Maxfield, John Hoggett
Posted Date:
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