Listed below are selected financial data from the accounting records of Innovative Computers Pty Ltd for the
Question:
Listed below are selected financial data from the accounting records of Innovative Computers Pty Ltd for the year ended 30 June 2019.
Required
(a) Prepare an income statement for the year ended 30 June 2019.
Transcribed Image Text:
Cost of goods manufactured Ending finished goods Income Beginning finished goods Selling and administrative expenses $1 352 000 180000 3 520 000 144 000 801 200
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Accounting
ISBN: 9780730363224
10th Edition
Authors: John Hoggett, John Medlin, Keryn Chalmers, Beattie Claire, Hellmann Andreas, Maxfield Jodie
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