The following information was taken from the records of Whispering SA for the year 2022: Income...
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The following information was taken from the records of Whispering SA for the year 2022: Income tax applicable to income from continuing operations R$155,200; income tax applicable to loss on discontinued operations R$32,900, and unrealized holding gain on equity securities designated at fair value through other comprehensive income R$19,500. Gain on sale of plant assets R$126,000 Cash dividends declared R$195,000 Loss on discontinued operations 97,500 Retained earnings January 1, 2022 780,000 Administrative expenses 317.000 Cost of goods sold 1,105,000 Rent revenue 57.000 Selling expenses 390,000 Loss on impairment of land 78,000 Sales revenue 2,210,000 Ordinary shares outstanding during 2022 were 100,000. Prepare a comprehensive income statement for 2022 using the one statement approach. (Rourid earnings per share to 2 decimal places, eg. 1.48) WHISPERING SA Statement of Comprehensive Income For the Year Ended December 31.2022 The following information was taken from the records of Whispering SA for the year 2022: Income tax applicable to income from continuing operations R$155,200; income tax applicable to loss on discontinued operations R$32,900, and unrealized holding gain on equity securities designated at fair value through other comprehensive income R$19,500. Gain on sale of plant assets R$126,000 Cash dividends declared R$195,000 Loss on discontinued operations 97,500 Retained earnings January 1, 2022 780,000 Administrative expenses 317.000 Cost of goods sold 1,105,000 Rent revenue 57.000 Selling expenses 390,000 Loss on impairment of land 78,000 Sales revenue 2,210,000 Ordinary shares outstanding during 2022 were 100,000. Prepare a comprehensive income statement for 2022 using the one statement approach. (Rourid earnings per share to 2 decimal places, eg. 1.48) WHISPERING SA Statement of Comprehensive Income For the Year Ended December 31.2022 The following information was taken from the records of Whispering SA for the year 2022: Income tax applicable to income from continuing operations R$155,200; income tax applicable to loss on discontinued operations R$32,900, and unrealized holding gain on equity securities designated at fair value through other comprehensive income R$19,500. Gain on sale of plant assets R$126,000 Cash dividends declared R$195,000 Loss on discontinued operations 97,500 Retained earnings January 1, 2022 780,000 Administrative expenses 317.000 Cost of goods sold 1,105,000 Rent revenue 57.000 Selling expenses 390,000 Loss on impairment of land 78,000 Sales revenue 2,210,000 Ordinary shares outstanding during 2022 were 100,000. Prepare a comprehensive income statement for 2022 using the one statement approach. (Rourid earnings per share to 2 decimal places, eg. 1.48) WHISPERING SA Statement of Comprehensive Income For the Year Ended December 31.2022 The following information was taken from the records of Whispering SA for the year 2022: Income tax applicable to income from continuing operations R$155,200; income tax applicable to loss on discontinued operations R$32,900, and unrealized holding gain on equity securities designated at fair value through other comprehensive income R$19,500. Gain on sale of plant assets R$126,000 Cash dividends declared R$195,000 Loss on discontinued operations 97,500 Retained earnings January 1, 2022 780,000 Administrative expenses 317.000 Cost of goods sold 1,105,000 Rent revenue 57.000 Selling expenses 390,000 Loss on impairment of land 78,000 Sales revenue 2,210,000 Ordinary shares outstanding during 2022 were 100,000. Prepare a comprehensive income statement for 2022 using the one statement approach. (Rourid earnings per share to 2 decimal places, eg. 1.48) WHISPERING SA Statement of Comprehensive Income For the Year Ended December 31.2022 The following information was taken from the records of Whispering SA for the year 2022: Income tax applicable to income from continuing operations R$155,200; income tax applicable to loss on discontinued operations R$32,900, and unrealized holding gain on equity securities designated at fair value through other comprehensive income R$19,500. Gain on sale of plant assets R$126,000 Cash dividends declared R$195,000 Loss on discontinued operations 97,500 Retained earnings January 1, 2022 780,000 Administrative expenses 317.000 Cost of goods sold 1,105,000 Rent revenue 57.000 Selling expenses 390,000 Loss on impairment of land 78,000 Sales revenue 2,210,000 Ordinary shares outstanding during 2022 were 100,000. Prepare a comprehensive income statement for 2022 using the one statement approach. (Rourid earnings per share to 2 decimal places, eg. 1.48) WHISPERING SA Statement of Comprehensive Income For the Year Ended December 31.2022 The following information was taken from the records of Whispering SA for the year 2022: Income tax applicable to income from continuing operations R$155,200; income tax applicable to loss on discontinued operations R$32,900, and unrealized holding gain on equity securities designated at fair value through other comprehensive income R$19,500. Gain on sale of plant assets R$126,000 Cash dividends declared R$195,000 Loss on discontinued operations 97,500 Retained earnings January 1, 2022 780,000 Administrative expenses 317.000 Cost of goods sold 1,105,000 Rent revenue 57.000 Selling expenses 390,000 Loss on impairment of land 78,000 Sales revenue 2,210,000 Ordinary shares outstanding during 2022 were 100,000. Prepare a comprehensive income statement for 2022 using the one statement approach. (Rourid earnings per share to 2 decimal places, eg. 1.48) WHISPERING SA Statement of Comprehensive Income For the Year Ended December 31.2022 The following information was taken from the records of Whispering SA for the year 2022: Income tax applicable to income from continuing operations R$155,200; income tax applicable to loss on discontinued operations R$32,900, and unrealized holding gain on equity securities designated at fair value through other comprehensive income R$19,500. Gain on sale of plant assets R$126,000 Cash dividends declared R$195,000 Loss on discontinued operations 97,500 Retained earnings January 1, 2022 780,000 Administrative expenses 317.000 Cost of goods sold 1,105,000 Rent revenue 57.000 Selling expenses 390,000 Loss on impairment of land 78,000 Sales revenue 2,210,000 Ordinary shares outstanding during 2022 were 100,000. Prepare a comprehensive income statement for 2022 using the one statement approach. (Rourid earnings per share to 2 decimal places, eg. 1.48) WHISPERING SA Statement of Comprehensive Income For the Year Ended December 31.2022 The following information was taken from the records of Whispering SA for the year 2022: Income tax applicable to income from continuing operations R$155,200; income tax applicable to loss on discontinued operations R$32,900, and unrealized holding gain on equity securities designated at fair value through other comprehensive income R$19,500. Gain on sale of plant assets R$126,000 Cash dividends declared R$195,000 Loss on discontinued operations 97,500 Retained earnings January 1, 2022 780,000 Administrative expenses 317.000 Cost of goods sold 1,105,000 Rent revenue 57.000 Selling expenses 390,000 Loss on impairment of land 78,000 Sales revenue 2,210,000 Ordinary shares outstanding during 2022 were 100,000. Prepare a comprehensive income statement for 2022 using the one statement approach. (Rourid earnings per share to 2 decimal places, eg. 1.48) WHISPERING SA Statement of Comprehensive Income For the Year Ended December 31.2022
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Financial and Managerial Accounting
ISBN: 978-0132497978
3rd Edition
Authors: Horngren, Harrison, Oliver
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