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Moving to another question will save this response. Question 17 Interest revenue $19,500 Retained earnings, end 5,000 145,000 Selling expenses 20,000 Prepaid insurance 28,000 Loss
Moving to another question will save this response. Question 17 Interest revenue $19,500 Retained earnings, end 5,000 145,000 Selling expenses 20,000 Prepaid insurance 28,000 Loss on disposal of a business (discontinued), net 140,000 Income from operations 15,000 Unearned rent revenue 39,900 Income tax 13,000 Interest expense Instructions: Prepare an income statement for 2015 for Ramzi Company (starting with income from operations) according to IFRS v 3 (12pt) T T T Arial
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