The following additional information is given : The company incurs a 35% income tax per year. The
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Question:
The following additional information is given : The company incurs a 35% income tax per year. The company has a loan with an interest amount of R 1 975 per year. Instruction: Using the information from the following budgets : i. sales budget, ii. cost of sales budget, iii. purchase budget, iv. selling and administration budget
Draw the budgeted income statement of VG butchery in rand value for the 2019 year.
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