Trial balance Sales revenue 30000 Equipment rental revenue 840 Cost of sales 12375 Selling and administrative expenses

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Trial balance

Sales revenue 30000

Equipment rental revenue 840

Cost of sales 12375

Selling and administrative expenses 6540

Interest expense 1120

Gain on sale of old machinery 420

Unrealized gain on available for sale securities 312

Compute comprehensive income

Related Book For answer-question

Horngrens Financial and Managerial Accounting

ISBN: 978-0133866292

5th edition

Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura

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Posted Date: Feb 24, 2024 09:31 AM

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Trial balance Sales revenue 30000 Equipment rental revenue 840 Cost of sales 12375 Selling and administrative expenses

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To compute comprehensive income we need to consider all gains and losse... View the full answer

Horngrens Financial and Managerial Accounting

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