Question: Activity Sheet 3.4 I SCE Preparation NAME: LASTNAME, FIRST NAME SECTION: 12 ABM A Instruction: Prepare a statement of Comprehensive Income and Statement of Changes

 Activity Sheet 3.4 I SCE Preparation NAME: LASTNAME, FIRST NAME SECTION:

Activity Sheet 3.4 I SCE Preparation NAME: LASTNAME, FIRST NAME SECTION: 12 ABM A Instruction: Prepare a statement of Comprehensive Income and Statement of Changes in Equity. Below are the accounts of National Clinic Center for the year ended, December 31, 2019. Sales Sales Returns and Allowances Sales Discount Beginning Inventory Ending inventory Purchases Purchase Returns and Allowances Purchase Discount Freight In Freight Out Salaries Expense Advertising Expense Miscellaneous Expense NCC, Capital Beginning NCC, Drawing Php 145,000 4,000 2,000 12,000 14,000 87,000 2,000 1,000 3,000 5,000 6,000 4,000 3,000 124,000 34,000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!