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Module V: Chapter 15 Classwork 18th Assets Total Assets Cash Abdullah SAR 60,000 Non-Cash SAR 40,000 SAR 100,000 Nabiha SAR 50,000 SAR 50,000 Samina
Module V: Chapter 15 Classwork 18th Assets Total Assets Cash Abdullah SAR 60,000 Non-Cash SAR 40,000 SAR 100,000 Nabiha SAR 50,000 SAR 50,000 Samina SAR 80,000 SAR 80,000 January 2022 ABC Company SARA Accounting Consultancy Partnership Revenue Expenses Income Before Taxes 20% Corporate Taxes 75,000 Revenue 50,000 Expenses 25,000 Income 75,000 50,000 25,000 Income After Taxes 5,000 Income Tax 10% 20,000 Income After Tax $2,500 22,500 Income Tax 10% 2,000 Income after tax 18,000
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