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Commodity markets -purchase 30000 Wage of the staff 10000 Depreciation of fixed assets 6000 Premiums 1000 Advertising and promotion 800 Overhead cost 4000 Revenue from
Commodity markets -purchase | 30000 | ||
Wage of the staff | 10000 | ||
Depreciation of fixed assets | 6000 | ||
Premiums | 1000 | ||
Advertising and promotion | 800 | ||
Overhead cost | 4000 | ||
Revenue from sales | 250000 | ||
Income from investments and investments | 15000 | ||
Gains from disposal of property, plant and equipment | 500 | ||
Loss from disposal of financial data | 100 | ||
Rental income | 50000 | ||
Third party fees expenses | 2500 | ||
Credit interest | 1400 | ||
Debt interest | 4500 | ||
Fixed maintenance costs | 2000 | ||
Considering that: | |||
a) the stocks 1.1.20X0 were 5000 | |||
b) the final stock on 31.12.20X0 was determined by physical inventory at 3000 | |||
(c) the income tax rate is 30%; | |||
compile the 20X0 income statement, vertical by type |
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