Prepare the income statement for a possible price if you would pay 20 times the monthly net
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Question:
Prepare the income statement for a possible price if you would pay 20 times the monthly net income based on Rizal Nigeria Bara Advertising Trial Balance as at 31 January 2021
Compute the amount of stockholders equity balance on 31st January 2021
Based on the computation or calculation in (b), how much would you offer Rizal Nigeria. Provide TWO (2) reasons.
Expert Answer:
Answer rating: 100% (QA)
a ADJUSTING ENTRY ACCOUNT DEBIT CREDIT Unearned Revenue 3800 Revenue 3800 Expenses 1100 Prep... View the full answer
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