Green Duck earned fees of $64,300 for its fiscal year. Its expenses for the year are...
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Green Duck earned fees of $64,300 for its fiscal year. Its expenses for the year are as follows: Rent Expense, $15,000; Interest Expense, $2,480; Salaries Expense, $22,560; Utilities Expense, $3,900; and Insurance Expense, $12,750. Prepare the company's income statement if the fiscal year ends on June 30. Green Duck earned fees of $64,300 for its fiscal year. Its expenses for the year are as follows: Rent Expense, $15,000; Interest Expense, $2,480; Salaries Expense, $22,560; Utilities Expense, $3,900; and Insurance Expense, $12,750. Prepare the company's income statement if the fiscal year ends on June 30.
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Related Book For
Accounting Principles
ISBN: 978-1119419617
IFRS global edition
Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt
Posted Date:
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