The following balances were takenfrom the books of Skysong ASA on December 31. 2022. Interest revenue...

 

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The following balances were takenfrom the books of Skysong ASA on December 31. 2022. Interest revenue €7700 Accumulated depreciation-equipment €36,000 Cash 45,900 Accumulated depreciation-buildings 25.200 Sales revenue 1,152.000 Nates receivable 139.500 Accounts receivable 135.000 Selling experses 174.600 Prepaid insurance 18.000 Accounts payatle 153,000 90.000 Sales returns and allowances 135.000 Bonds payable Allowance for doubtful accounts 6.300 Administrative and general expenses 87.300 Sales discounts 40,500 Accrued liabilities 2800 Land v0,000 Interest experse 54.000 Equipment 180,000 Notes payable 90.000 Buildings 126.000 Loss from impairment of plant assets 108.000 Cost of goods solid S5,900 Share capital-ordinary 450.000 Retained earnings 18.900 Ausume the total effective taxrate on all items is 34 Prepare an income statement: 100,000 ordinary shares were outstanding during the year. ORound anwen to O decimal places, L251 and round namingn per shore to 2 decimel places, es 148) SKYSONG ASA Income Statement For the Year Ended December 31,2022 Revenue The following balances were takenfrom the books of Skysong ASA on December 31. 2022. Interest revenue €7700 Accumulated depreciation-equipment €36,000 Cash 45,900 Accumulated depreciation-buildings 25.200 Sales revenue 1,152.000 Nates receivable 139.500 Accounts receivable 135.000 Selling experses 174.600 Prepaid insurance 18.000 Accounts payatle 153,000 90.000 Sales returns and allowances 135.000 Bonds payable Allowance for doubtful accounts 6.300 Administrative and general expenses 87.300 Sales discounts 40,500 Accrued liabilities 2800 Land v0,000 Interest experse 54.000 Equipment 180,000 Notes payable 90.000 Buildings 126.000 Loss from impairment of plant assets 108.000 Cost of goods solid S5,900 Share capital-ordinary 450.000 Retained earnings 18.900 Ausume the total effective taxrate on all items is 34 Prepare an income statement: 100,000 ordinary shares were outstanding during the year. ORound anwen to O decimal places, L251 and round namingn per shore to 2 decimel places, es 148) SKYSONG ASA Income Statement For the Year Ended December 31,2022 Revenue

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