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kindly solve this exercise please. E6- Usang the following information, prepare the income statement for ABC Company at date December, 312022. Additional information - The
kindly solve this exercise please.
E6- Usang the following information, prepare the income statement for ABC Company at date December, 312022. Additional information - The account payable have been issued on March 1 2021. Interest rate 5% / year due on December 31, 2023 - The company use straight line method to calculate the depreciation. The useful life for the building 20 years with salvage value $20,000. The useful life for the truck 10 years, and after that, they can sell it at $5000. - Tax rate 15% Step by Step Solution
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