Question
Gorka industries provided the following partial trial balance for the current year Income from operating before tax - credit 99,000 Divided income (credit 11,680 Gain
Gorka industries provided the following partial trial balance for the current year
Income from operating before tax - credit 99,000
Divided income (credit 11,680
Gain of sale of closed office credit 15,420
Unrealized gain on trading investments credit 37,160
Gains on foreign currency trading credit 29,970
Loss of pension adjustment debit 37,260
Loss from disconnected operations debit 41,820
Loss on assets impairment debit 23,030
Unrealized loss on available for sales debt inves debit 18 ,340
Beginning with the line item income from continuing operation before taxes, prepare a statement of comprehensive income for the year ended December 31. Gorka is subject to a 40% income tax rate
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