Atlanta Corporation, a domestic corporation, had the following data for the years 2022 and 2023: 2022 2023
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Atlanta Corporation, a domestic corporation, had the following data for the years 2022 and 2023:
2022 | 2023 | |||
Sales | P 10,000,000 | P 15,000,000 | ||
Cost of sales | 4,000,000 | 6,000,000 | ||
Deductible expenses | 6,100,000 | 7,000,000 | ||
Capital gains | 50,000 | 100,000 | ||
Interest income on trade notes receivable | 10,000 | 30,000 | ||
Rent income | 430,000 | 600,000 | ||
Total assets | 500,000,000 | 550,000,000 |
How much is the total deferred charges in 2023?
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780135811603
5th Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
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