Question
AlHakim company has the following information in the year 2020: Revenue 1,800,000 General expense - 1,200,000 Interest expenses- 150,000 During the same year, the company
AlHakim company has the following information in the year 2020:
Revenue 1,800,000
General expense - 1,200,000
Interest expenses- 150,000
During the same year, the company discontinued an operation which has a loss amounting to 150,000. Assuming a 30 percent income tax rate, prepare the intraperiod income statement showing information on tax.
AlHakim company has the following information in the year 2020:
Revenue 1,800,000
General expense - 1,200,000
Interest expenses- 150,000
During the same year, the company discontinued an operation which has a loss amounting to 150,000. Assuming a 30 percent income tax rate, prepare the intraperiod income statement showing information on tax.
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Frank Woods Business Accounting Volume 1
Authors: Frank Wood, Alan Sangster
11th Edition
0273712128, 978-0273712121
