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b) Based on the following information of Kelly and Co. prepare an Income Statement for 2000 and Balance Sheet for 2019 & 2020. Use the
b) Based on the following information of Kelly and Co. prepare an Income Statement for 2000 and Balance Sheet for 2019 & 2020. Use the tax rate of 35%. (10 Marks) Sales Cost of Goods Sold Depreciation Interest Dividends Current Assets Net Fixed Assets Current Liabilities Long Term Debt 2019 Amt. in $ 3,790 2,043 975 225 200 2,140 6,770 994 2,869 2020 Amt. in $ 3,990 2,137 1,108 267 225 2,346 7,087 1,126 2,958
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