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Datatech company has the following information in the year 2020: Revenue, 1,800,000 General expenses 1,200,000 Interest expenses 150,000 During the same year, the company discontinued
Datatech company has the following information in the year 2020:
Revenue, 1,800,000
General expenses 1,200,000
Interest expenses 150,000
During the same year, the company discontinued an operation which has a loss amounting to 150,000. Assuming a 30 percent income tax rate, prepare the intraperiod income statement showing information on tax.
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