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(b) Given the following information, prepare the Statement of Comprehensive Income for Dairy Sdn. Bhd. RM Equipment Vehicles 80,000 250,000 Bonds 80,000 Bank 60,000
(b) Given the following information, prepare the Statement of Comprehensive Income for Dairy Sdn. Bhd. RM Equipment Vehicles 80,000 250,000 Bonds 80,000 Bank 60,000 Account Payable 50,000 Short Term Loan 50,000 Share Capital 800,000 Earnings Before Interest and Tax 40% of Gross Profit Earnings Before Tax Sales Gross Profit Tax 20% 105,600 650,000 65% of Sales (10 marks)
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