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Explain the differences and similarities between the items of the two income statements in details C.1 + S.G Company Income Statement For the six months

image text in transcribedExplain the differences and similarities between the items of the two income statements in details

C.1 + S.G Company Income Statement For the six months ended June 30, 2017 Particulars Amount Amount Revenues: Sales revenue 52,100 Service revenue 6,700 Total Revenues 58,800 Expenses: Salaries and wage expenses 30,000 Supplies expenses insurance expenses 900 Advertising expenses 1,900 Rent expenses 1,500 Utilities expenses 1,700 Depreciation expenses 1,125 Intrest expenses 750 Total expenses 40,075 Net income 18,725 2,200 C.2 S.G Company Owner's Fatty Statement ANNUALLY QUARTERLY STATEMENT OF INCOME 2020-12-31 2019-12-31 2018-12-31 2017-12-31 Sales 58,953,318 54,367,531 51,963,243 50,746,675 Sales Cost -24,998,923 21,976,306 21,416,928 21,255,477 Total Income 33,954,395 32,391,225 30,546,315 29,491,198 Other Revenues 891,438 688,758 657,852 1,208,805 Total Revenues 34,845,833 33,079,983 31,204,167 30,700,003 Admin and Marketing Expenses -11,864,395 11,126,245 10,710,560 10,197,853 Depreciation -9,358,875 6,077,548 5,904,992 5,883,897 Other Expenses -1,266,920 4,189,215 2,760,450 3,527,418 Total Expenses -22,490,190 21,393,008 19,376,002 19,609,168 Net Income Before Zakat 12,355,643 11,686,975 11,828,165 11,090,835 Zakat 1,360,768 1,022,309 1,048,394 957,611 Net Income 10,994,875 10,664,666 10,779,771 10,133,224 Balance First Period 34,508,202 37,417,562 34,637,791 31,877,188 Reserves 425,974 Cash Dividends 7.995,050 14,000,000 8,000,000 8,000,000 Other Distributions Balance End Period 37,508,027 34,508,202 37,417,562 34,010,412 All figures are in Thousands Thousands Thousands Thousands

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