Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

create an balance sheet from this income statement create a balance sheet from the given income statement create a balance sheet from the income statement

create an balance sheet from this income statement image text in transcribed
create a balance sheet from the given income statement image text in transcribed
create a balance sheet from the income statement given above
get the assets and the liabilities from the income statement and do one according to the information given above
image text in transcribed
OD c E E Carporate Finance and rights reserved 2,024.00 OMR 40,920.00 OMR 75,240.00 OMR 100,980.00 OMR 217.140.00 OMR 2,025.00 OMR 45,012.00 OMR 82,764.00 OMR 111.078.00 OMR 238,854.00 OMR 2,026.00 OMR 49,513.00 OMR 91,040.00 OMR 122.185.80 OMR 262,738.80 OMR 2,027.00 54,464.30 100,144.00 134,404,38 289,012.68 OMR 217.140.00 OMR OMR 238,854.00 OMR OMR 262,738.80 OMR 289,012.68 A 1 Magical Tours 2 Income Statement 3 (USD $ millions] OMR 2,023.00 OMR 5 Bronze Package OMR 37,200.00 OMR 6 Silver Package OMR 68.400.00 OMR 7 Gold Package OMR 91,800.00 OMR 8 Total Net Revenue OMR 197,400.00 OMR 9 10 Cost of Goods Sold OMR OMR 11 Gross Profit OMR 197,400.00 OMR 12 13 Expenses 14 Creating application OMR 2,000.00 OMR 15 Camera & equipment OMR 200.00 OMR 16 Before going marketing OMR 2,748.00 OMR 17 Signage board OMR 600.00 OMR 18 Brand Creation OMR 1,000.00 OMR 19 Salaries, Benefits & Wages OMR 3.200.00 OMR 20 OMR 1,000.00 OMR 21 Legal Environmental Procedur OMR 200.00 OMR 22 Total Expenses OMR 10.948.00 OMR 23 Earnings Before Interest & Ta OMR 186,452.00 OMR 24 25 Interest Expense OMR OMR 26 Earnings Before Taxes OMR 186,452.00 OMR 27 28 Income Taxes OMR 29 Net Earnings OMR 186,452.00 OMR 30 2,200.00 OMR 220.00 OMR 3,022.80 OMR 660.00 OMR 1,100.00 OMR 3.520.00 OMR 1,100.00 OMR 220.00 OMR 12,042.80 OMR 205,097.20 OMR 2.420.00 OMR 242.00 OMR 3,325.08 OMR 726.00 OMR 1.210.00 OMR 3.872.00 OMR 1.210.00 OMR 242.00 OMR 13.247.08 OMR 225,606.92 OMR 2,662.00 OMR 266.20 OMR 3,657.61 OMR 798,60 OMR 1,331.00 OMR 4,259,20 OMR 1,331.00 OMR 266.20 OMR 14,571.81 OMR 248,166.99 OMR 2,928.20 317.02 4,023.36 878.46 1,464.10 4,685.12 1.464.10 317.00 16,077.36 272,935.32 OMR 205,097.20 OMR OMR 225,606.92 OMR OMA 248,166.99 OMR 272,935.32 OMR 205,097.20 OMR OMR 225,606.92 OMR 248,166.99 OMR 272,935.32 OD c E E Carporate Finance and rights reserved 2,024.00 OMR 40,920.00 OMR 75,240.00 OMR 100,980.00 OMR 217.140.00 OMR 2,025.00 OMR 45,012.00 OMR 82,764.00 OMR 111.078.00 OMR 238,854.00 OMR 2,026.00 OMR 49,513.00 OMR 91,040.00 OMR 122.185.80 OMR 262,738.80 OMR 2,027.00 54,464.30 100,144.00 134,404,38 289,012.68 OMR 217.140.00 OMR OMR 238,854.00 OMR OMR 262,738.80 OMR 289,012.68 A 1 Magical Tours 2 Income Statement 3 (USD $ millions] OMR 2,023.00 OMR 5 Bronze Package OMR 37,200.00 OMR 6 Silver Package OMR 68.400.00 OMR 7 Gold Package OMR 91,800.00 OMR 8 Total Net Revenue OMR 197,400.00 OMR 9 10 Cost of Goods Sold OMR OMR 11 Gross Profit OMR 197,400.00 OMR 12 13 Expenses 14 Creating application OMR 2,000.00 OMR 15 Camera & equipment OMR 200.00 OMR 16 Before going marketing OMR 2,748.00 OMR 17 Signage board OMR 600.00 OMR 18 Brand Creation OMR 1,000.00 OMR 19 Salaries, Benefits & Wages OMR 3.200.00 OMR 20 OMR 1,000.00 OMR 21 Legal Environmental Procedur OMR 200.00 OMR 22 Total Expenses OMR 10.948.00 OMR 23 Earnings Before Interest & Ta OMR 186,452.00 OMR 24 25 Interest Expense OMR OMR 26 Earnings Before Taxes OMR 186,452.00 OMR 27 28 Income Taxes OMR 29 Net Earnings OMR 186,452.00 OMR 30 2,200.00 OMR 220.00 OMR 3,022.80 OMR 660.00 OMR 1,100.00 OMR 3.520.00 OMR 1,100.00 OMR 220.00 OMR 12,042.80 OMR 205,097.20 OMR 2.420.00 OMR 242.00 OMR 3,325.08 OMR 726.00 OMR 1.210.00 OMR 3.872.00 OMR 1.210.00 OMR 242.00 OMR 13.247.08 OMR 225,606.92 OMR 2,662.00 OMR 266.20 OMR 3,657.61 OMR 798,60 OMR 1,331.00 OMR 4,259,20 OMR 1,331.00 OMR 266.20 OMR 14,571.81 OMR 248,166.99 OMR 2,928.20 317.02 4,023.36 878.46 1,464.10 4,685.12 1.464.10 317.00 16,077.36 272,935.32 OMR 205,097.20 OMR OMR 225,606.92 OMR OMA 248,166.99 OMR 272,935.32 OMR 205,097.20 OMR OMR 225,606.92 OMR 248,166.99 OMR 272,935.32 OD c E E Carporate Finance and rights reserved 2,024.00 OMR 40,920.00 OMR 75,240.00 OMR 100,980.00 OMR 217.140.00 OMR 2,025.00 OMR 45,012.00 OMR 82,764.00 OMR 111.078.00 OMR 238,854.00 OMR 2,026.00 OMR 49,513.00 OMR 91,040.00 OMR 122.185.80 OMR 262,738.80 OMR 2,027.00 54,464.30 100,144.00 134,404,38 289,012.68 OMR 217.140.00 OMR OMR 238,854.00 OMR OMR 262,738.80 OMR 289,012.68 A 1 Magical Tours 2 Income Statement 3 (USD $ millions] OMR 2,023.00 OMR 5 Bronze Package OMR 37,200.00 OMR 6 Silver Package OMR 68.400.00 OMR 7 Gold Package OMR 91,800.00 OMR 8 Total Net Revenue OMR 197,400.00 OMR 9 10 Cost of Goods Sold OMR OMR 11 Gross Profit OMR 197,400.00 OMR 12 13 Expenses 14 Creating application OMR 2,000.00 OMR 15 Camera & equipment OMR 200.00 OMR 16 Before going marketing OMR 2,748.00 OMR 17 Signage board OMR 600.00 OMR 18 Brand Creation OMR 1,000.00 OMR 19 Salaries, Benefits & Wages OMR 3.200.00 OMR 20 OMR 1,000.00 OMR 21 Legal Environmental Procedur OMR 200.00 OMR 22 Total Expenses OMR 10.948.00 OMR 23 Earnings Before Interest & Ta OMR 186,452.00 OMR 24 25 Interest Expense OMR OMR 26 Earnings Before Taxes OMR 186,452.00 OMR 27 28 Income Taxes OMR 29 Net Earnings OMR 186,452.00 OMR 30 2,200.00 OMR 220.00 OMR 3,022.80 OMR 660.00 OMR 1,100.00 OMR 3.520.00 OMR 1,100.00 OMR 220.00 OMR 12,042.80 OMR 205,097.20 OMR 2.420.00 OMR 242.00 OMR 3,325.08 OMR 726.00 OMR 1.210.00 OMR 3.872.00 OMR 1.210.00 OMR 242.00 OMR 13.247.08 OMR 225,606.92 OMR 2,662.00 OMR 266.20 OMR 3,657.61 OMR 798,60 OMR 1,331.00 OMR 4,259,20 OMR 1,331.00 OMR 266.20 OMR 14,571.81 OMR 248,166.99 OMR 2,928.20 317.02 4,023.36 878.46 1,464.10 4,685.12 1.464.10 317.00 16,077.36 272,935.32 OMR 205,097.20 OMR OMR 225,606.92 OMR OMA 248,166.99 OMR 272,935.32 OMR 205,097.20 OMR OMR 225,606.92 OMR 248,166.99 OMR 272,935.32 OD c E E Carporate Finance and rights reserved 2,024.00 OMR 40,920.00 OMR 75,240.00 OMR 100,980.00 OMR 217.140.00 OMR 2,025.00 OMR 45,012.00 OMR 82,764.00 OMR 111.078.00 OMR 238,854.00 OMR 2,026.00 OMR 49,513.00 OMR 91,040.00 OMR 122.185.80 OMR 262,738.80 OMR 2,027.00 54,464.30 100,144.00 134,404,38 289,012.68 OMR 217.140.00 OMR OMR 238,854.00 OMR OMR 262,738.80 OMR 289,012.68 A 1 Magical Tours 2 Income Statement 3 (USD $ millions] OMR 2,023.00 OMR 5 Bronze Package OMR 37,200.00 OMR 6 Silver Package OMR 68.400.00 OMR 7 Gold Package OMR 91,800.00 OMR 8 Total Net Revenue OMR 197,400.00 OMR 9 10 Cost of Goods Sold OMR OMR 11 Gross Profit OMR 197,400.00 OMR 12 13 Expenses 14 Creating application OMR 2,000.00 OMR 15 Camera & equipment OMR 200.00 OMR 16 Before going marketing OMR 2,748.00 OMR 17 Signage board OMR 600.00 OMR 18 Brand Creation OMR 1,000.00 OMR 19 Salaries, Benefits & Wages OMR 3.200.00 OMR 20 OMR 1,000.00 OMR 21 Legal Environmental Procedur OMR 200.00 OMR 22 Total Expenses OMR 10.948.00 OMR 23 Earnings Before Interest & Ta OMR 186,452.00 OMR 24 25 Interest Expense OMR OMR 26 Earnings Before Taxes OMR 186,452.00 OMR 27 28 Income Taxes OMR 29 Net Earnings OMR 186,452.00 OMR 30 2,200.00 OMR 220.00 OMR 3,022.80 OMR 660.00 OMR 1,100.00 OMR 3.520.00 OMR 1,100.00 OMR 220.00 OMR 12,042.80 OMR 205,097.20 OMR 2.420.00 OMR 242.00 OMR 3,325.08 OMR 726.00 OMR 1.210.00 OMR 3.872.00 OMR 1.210.00 OMR 242.00 OMR 13.247.08 OMR 225,606.92 OMR 2,662.00 OMR 266.20 OMR 3,657.61 OMR 798,60 OMR 1,331.00 OMR 4,259,20 OMR 1,331.00 OMR 266.20 OMR 14,571.81 OMR 248,166.99 OMR 2,928.20 317.02 4,023.36 878.46 1,464.10 4,685.12 1.464.10 317.00 16,077.36 272,935.32 OMR 205,097.20 OMR OMR 225,606.92 OMR OMA 248,166.99 OMR 272,935.32 OMR 205,097.20 OMR OMR 225,606.92 OMR 248,166.99 OMR 272,935.32 OD c E E Carporate Finance and rights reserved 2,024.00 OMR 40,920.00 OMR 75,240.00 OMR 100,980.00 OMR 217.140.00 OMR 2,025.00 OMR 45,012.00 OMR 82,764.00 OMR 111.078.00 OMR 238,854.00 OMR 2,026.00 OMR 49,513.00 OMR 91,040.00 OMR 122.185.80 OMR 262,738.80 OMR 2,027.00 54,464.30 100,144.00 134,404,38 289,012.68 OMR 217.140.00 OMR OMR 238,854.00 OMR OMR 262,738.80 OMR 289,012.68 A 1 Magical Tours 2 Income Statement 3 (USD $ millions] OMR 2,023.00 OMR 5 Bronze Package OMR 37,200.00 OMR 6 Silver Package OMR 68.400.00 OMR 7 Gold Package OMR 91,800.00 OMR 8 Total Net Revenue OMR 197,400.00 OMR 9 10 Cost of Goods Sold OMR OMR 11 Gross Profit OMR 197,400.00 OMR 12 13 Expenses 14 Creating application OMR 2,000.00 OMR 15 Camera & equipment OMR 200.00 OMR 16 Before going marketing OMR 2,748.00 OMR 17 Signage board OMR 600.00 OMR 18 Brand Creation OMR 1,000.00 OMR 19 Salaries, Benefits & Wages OMR 3.200.00 OMR 20 OMR 1,000.00 OMR 21 Legal Environmental Procedur OMR 200.00 OMR 22 Total Expenses OMR 10.948.00 OMR 23 Earnings Before Interest & Ta OMR 186,452.00 OMR 24 25 Interest Expense OMR OMR 26 Earnings Before Taxes OMR 186,452.00 OMR 27 28 Income Taxes OMR 29 Net Earnings OMR 186,452.00 OMR 30 2,200.00 OMR 220.00 OMR 3,022.80 OMR 660.00 OMR 1,100.00 OMR 3.520.00 OMR 1,100.00 OMR 220.00 OMR 12,042.80 OMR 205,097.20 OMR 2.420.00 OMR 242.00 OMR 3,325.08 OMR 726.00 OMR 1.210.00 OMR 3.872.00 OMR 1.210.00 OMR 242.00 OMR 13.247.08 OMR 225,606.92 OMR 2,662.00 OMR 266.20 OMR 3,657.61 OMR 798,60 OMR 1,331.00 OMR 4,259,20 OMR 1,331.00 OMR 266.20 OMR 14,571.81 OMR 248,166.99 OMR 2,928.20 317.02 4,023.36 878.46 1,464.10 4,685.12 1.464.10 317.00 16,077.36 272,935.32 OMR 205,097.20 OMR OMR 225,606.92 OMR OMA 248,166.99 OMR 272,935.32 OMR 205,097.20 OMR OMR 225,606.92 OMR 248,166.99 OMR 272,935.32 OD c E E Carporate Finance and rights reserved 2,024.00 OMR 40,920.00 OMR 75,240.00 OMR 100,980.00 OMR 217.140.00 OMR 2,025.00 OMR 45,012.00 OMR 82,764.00 OMR 111.078.00 OMR 238,854.00 OMR 2,026.00 OMR 49,513.00 OMR 91,040.00 OMR 122.185.80 OMR 262,738.80 OMR 2,027.00 54,464.30 100,144.00 134,404,38 289,012.68 OMR 217.140.00 OMR OMR 238,854.00 OMR OMR 262,738.80 OMR 289,012.68 A 1 Magical Tours 2 Income Statement 3 (USD $ millions] OMR 2,023.00 OMR 5 Bronze Package OMR 37,200.00 OMR 6 Silver Package OMR 68.400.00 OMR 7 Gold Package OMR 91,800.00 OMR 8 Total Net Revenue OMR 197,400.00 OMR 9 10 Cost of Goods Sold OMR OMR 11 Gross Profit OMR 197,400.00 OMR 12 13 Expenses 14 Creating application OMR 2,000.00 OMR 15 Camera & equipment OMR 200.00 OMR 16 Before going marketing OMR 2,748.00 OMR 17 Signage board OMR 600.00 OMR 18 Brand Creation OMR 1,000.00 OMR 19 Salaries, Benefits & Wages OMR 3.200.00 OMR 20 OMR 1,000.00 OMR 21 Legal Environmental Procedur OMR 200.00 OMR 22 Total Expenses OMR 10.948.00 OMR 23 Earnings Before Interest & Ta OMR 186,452.00 OMR 24 25 Interest Expense OMR OMR 26 Earnings Before Taxes OMR 186,452.00 OMR 27 28 Income Taxes OMR 29 Net Earnings OMR 186,452.00 OMR 30 2,200.00 OMR 220.00 OMR 3,022.80 OMR 660.00 OMR 1,100.00 OMR 3.520.00 OMR 1,100.00 OMR 220.00 OMR 12,042.80 OMR 205,097.20 OMR 2.420.00 OMR 242.00 OMR 3,325.08 OMR 726.00 OMR 1.210.00 OMR 3.872.00 OMR 1.210.00 OMR 242.00 OMR 13.247.08 OMR 225,606.92 OMR 2,662.00 OMR 266.20 OMR 3,657.61 OMR 798,60 OMR 1,331.00 OMR 4,259,20 OMR 1,331.00 OMR 266.20 OMR 14,571.81 OMR 248,166.99 OMR 2,928.20 317.02 4,023.36 878.46 1,464.10 4,685.12 1.464.10 317.00 16,077.36 272,935.32 OMR 205,097.20 OMR OMR 225,606.92 OMR OMA 248,166.99 OMR 272,935.32 OMR 205,097.20 OMR OMR 225,606.92 OMR 248,166.99 OMR 272,935.32

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Payroll Accounting 2022

Authors: Jeanette Landin

8th Edition

126072879X, 9781260728798

More Books

Students also viewed these Accounting questions