Question
Income statement from following data: amortization of intangible assets June 30, 20XB 15,417 Amortization of intangible assets December 31, 20XA 0 General and administration June
Income statement from following data:
amortization of intangible assets June 30, 20XB 15,417
Amortization of intangible assets December 31, 20XA 0
General and administration June 30, 20XB 64,139
General and administration December 31, 20XA 31,342
Income before income taxes June 30, 20XB
Income before income taxes December 31, 20XA
Income from operations June 30, 20XB
Income from operations December 31, 20XA
Net income June 30, 20XB
Net income December 31, 20XA
Operational Costs December 31, 20XA 68,452
Operational Costs June 30, 20XB 134,050
Other costs June 30, 20XB 7,179
Other costs December 31, 20XA 5,347
Other income June 30, 20XB 3,327
Other income December 31, 20XA 289
Provision for income taxes (20%) June 30, 20XB
Provision for income taxes (20%) December 31, 20XA
Revenues June 30, 20XB $ 246,508
Revenues December 31, 20XA $ 116,469
Total costs and expenses June 30, 20XB
Total costs and expenses December 31, 20XA
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started