Question
At the end of 2019, Account balances: 193-PPT: TL3.000; 600-DS: TL381.000; 610-SR: TL6.000; 621-COGS: TL120.000; 631-MSE: TL30.000; 632-GAE: TL24.000; 643-CR: TL81.000; 647-DIR: TL33.000; 655-MSSL: TL45.000;
At the end of 2019, Account balances: 193-PPT: TL3.000; 600-DS: TL381.000; 610-SR: TL6.000; 621-COGS: TL120.000; 631-MSE: TL30.000; 632-GAE: TL24.000; 643-CR: TL81.000; 647-DIR: TL33.000; 655-MSSL: TL45.000; 659-OE-L: TL120.000; 660-STBE: TL195.000; 679-ER-G: TL210.000; 689-EE-L: TL30.000. How much is the Period Net Income/Loss if the Tax rate is 20%?
a.
TL204.000
b.
TL108.000
c.
TL45.000
d.
TL120.000
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Financial Accounting An Integrated Statements Approach
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
2nd Edition
324312113, 978-0324312119
