Question
2. Here is the income statement of PT Noarlunga: Sales Revenue Cost of goods Sold Gross Profit PT Noarlunga Income Statement For the year
2. Here is the income statement of PT Noarlunga: Sales Revenue Cost of goods Sold Gross Profit PT Noarlunga Income Statement For the year ended December 31, 2021 Rp3.800.000.000 (1.200.000.000) Rp2.600.000.000 Expenses: Salaries Rp725.000.000 Utilities Depreciation Patent Amortization VAT in Miscellaneous expenses 75.000.000 80.000.000 25.000.000 19.000.000 10.000.000 Earnings Before Interest and Income Taxes Interest Earnings Before Income Taxes Income Taxes Net Income (934.000.000) Rp1.666.000.000 (30.000.000) Rp1.636.000.000 (818.000.000) Rp818.000.000 VAT is value added tax expensed during the year by management decisions. A comparative statement of the financial position of PT Noarlunga is shown below:
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Intermediate Accounting Reporting and Analysis
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
2nd edition
9781305727557, 1285453824, 9781337116619, 130572755X, 978-1285453828
