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are certain account balance of Irbid Company. sons 11 through 13. Rent Revenue JD 3.250 Sales discount JD 3,900 Dividend revenue 35.500 Sales return and
are certain account balance of Irbid Company. sons 11 through 13. Rent Revenue JD 3.250 Sales discount JD 3,900 Dividend revenue 35.500 Sales return and allowances 6,200 Beginning retained earnings 50,000 Sales revenue 150,000 Ending retained earnings 67.000 Income tax expenses 13.300 Beginning retained earnings, as adjusted 57,20) Cost of goods sold 72.200 Operating expenses 60.950 Interest expenses 6.350 11. In Irbid Company's income statement, total net revenues is: a. JD 188,750 c. JD 150.000 b. JD 153,250 4. JD 178,650 12. In Irbid Company's income statement, Net income is: a. JD 25.850 c. JD 28.500 b. JD 33,540 d. SD 35.950 13. In Irbid Company's retained earnings statement. Dividend is: a JD 18,700 c. JD 8,850 b. JD 16.050 d. ID 11,500 14. During 2016, equipment was sold for JD156,000. The equipment cost 10252,000 and bad a book value of $144,000. Data from comparative statements of financial position are Accumulated depreciation 31/12/2016 JD 735,000 31/12/2015 JD 687.060 Depreciation expense for 2016 was: a $60,000 b. $96.000
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