Listed below are selected financial data from the accounting records of Innovative Computers Pty Ltd for the

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Listed below are selected financial data from the accounting records of Innovative Computers Pty Ltd for the year ended 30 June 2016.

Cost of goods manufactured

Ending finished goods

Income

Beginning finished goods

Selling and administrative expenses

$1 352 000

180000

3520000

144000

801200

Required

Prepare an income statement for the year ended 30 June 2016.

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Related Book For answer-question

Accounting

ISBN: 978-1118608227

9th edition

Authors: Lew Edwards, John Medlin, Keryn Chalmers, Andreas Hellmann, Claire Beattie, Jodie Maxfield, John Hoggett

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Question Posted: Jun 19, 2019 10:28 AM

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Listed below are selected financial data from the accounting records of Innovative Computers Pty Ltd for the

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INNOVATIVE COMPUTERS PTY LTD Income Statement for the year ended 30 Jun...View the full answer

Accounting

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