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CengageNOWv2 | Online teachin X G how to prepare closing entries in X G course hero - Google Search * *Course Hero X + X C v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false C : Apps f Facebook M Gmail YouTube Maps ! mySNHU Login 2-2 Homework: Chapters 3 and 5 eBook Show Me How Calculator Print Item 8. Q.03-10 The following are selected items derived from Dibb Company's adjusted trial balance on December 31, 2016: ? 9. Q.03-19 Loss on sale of land $5,000 10. Q.03-22 Cost of goods sold $130,000 Sales (net) $198,000 11. Q.03-23 Operating expenses 45,000 12. Q.03-24 Twelve thousand shares of common stock nmon stock were outstanding the entire year. 13. Q.03-25 Required: 14. Q.03-26 Assuming a 30% income tax rate on all items of income, prepare a 2016 income statement for Dibb's Company using a multiple-step format. Round earnings per share computations to two decimal places. 15. RE.03-02 DIBB COMPANY 16. RE.03-03 Income Statement (Multiple-Step) For Year Ended December 31, 2016 17. RE.03-04 18. RE.03-07 19. RE.03-08 20. Ex.03-01 21. Q.05-01 Other items Q.05-02 Income before income tax 23. Q.05-04 24. Q.05-06 Components of Income EPS 25. Ex.05-01 Progress: 25/25 items Check My Work Previous Assignment Score: 92.8% All work saved. Email Instructor Save and Exit Submit Assignment for Grading Type here to search O 66 9 N X P cls 9:25 AM 11/7/2020CengageNOWv2 | Online teachin X G how to prepare closing entries in X G course hero - Google Search * *Course Hero X + X C v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false C Apps f Facebook M Gmail YouTube Maps mySNHU Login 2-2 Homework: Chapters 3 and 5 eBook Show Me How Calculator Print Item 8. Q.03-10 Other items ? 9. Q.03-19 Income before income tax $ 10. Q.03-22 11. Q.03-23 Components of Income EPS 12. Q.03-24 13. Q.03-25 14. Q.03-26 Assuming a 30% income tax rate on all items of income, prepare a 2016 income statement for Dibb's Company using a single-step format. Round earnings per share computations to two decimal places. 15. RE.03-02 DIBB COMPANY Income Statement (Single-Step) 16. RE.03-03 For Year Ended December 31, 2016 Revenues 17. RE.03-04 $ 18. RE.03-07 Expenses 19. RE.03-08 20. Ex.03-01 21. Q.05-01 Total expenses Q.05-02 23. Q.05-04 Components of Income EPS 24. Q.05-06 25. Ex.05-01 Progress: 25/25 items Check My Work Previous Assignment Score: 92.8% All work saved. Email Instructor Save and Exit Submit Assignment for Grading Type here to search O 66 N X P 9:25 AM 11/7/2020
