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I need some quick Accounting Help ***CASH AT END OF PERIOD IS INCORRECT*** Bonita Company Income Statement For the Year Ended December 31, 2017 $1,076,700
I need some quick Accounting Help
***CASH AT END OF PERIOD IS INCORRECT***
Bonita Company Income Statement For the Year Ended December 31, 2017 $1,076,700 Service revenue Operating expenses, excluding depreciation $681,540 61,050 Depreciation expense Loss on disposal of plant assets 17,760 760,350 Income before income taxes 316,350 Income tax expense 62,160 $254,190 Net income Bonita Company's balance sheet contained the comparative data at Decemb 2017 2016 $77,700 $66,600 Accounts receivable 35,520 Accounts payable 45,510 Income taxes payable 14,430 7,770Step by Step Solution
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