Question
adjusts its accounts on a monthly basis. Below table shows the adjusted balances for end of September, August and June. According to the table below
adjusts its accounts on a monthly basis. Below table shows the adjusted balances for end of September, August and June. According to the table below prepare the quarterly income statement for the 3 rd quarter. (30 pts.)
30.09.2020 31.08.2020 30.06.2020
Sales Revenue 100.000 85.000 60.000
Salaries Expense 12.000 10.000 5.000
Rent Expense 7.000 4.000 2.500
Depreciation Expense 20.000 16.000 12.000
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Information Systems Control And Audit
Authors: Et Al. Hyo-Jeong Kim, Michael Mannino, Compiled By Koros Press Editorial Board
1st Edition
