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pls solve this full answer income ststement with balance sheet in word not hand written SMOLIRA GOLF CORPORATION Income Statement AS ON DEC 31, 2015

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pls solve this full answer income ststement with balance sheet in word not hand written

SMOLIRA GOLF CORPORATION Income Statement AS ON DEC 31, 2015 28000 11600 2140 SALES LESS: COST OF GOODS SOLD GROSS PROFIT LESS: OPERATING EXPENSE DEPRECIATION EXPENSE EARNING BEFORE INTEREST AND TAXES LESS: INTEREST PAID TAXABLE INCOME TAXES 35% NET INCOME 14260 980 13280 4648 8632 DIVIDEND RS. 4000 ADDITION TO RETAINED 10 MARKS 0.3 ASSETS CURRENT ASSETS: CASH A/C RECEVABLE INVENTORY SMOURA GOLF CORPORATION BALANCE SHEET AS ON DEC 31, 2015 LIABILITIES & OWNER'S EQUITY CURRENT LIABILITIES: RS. 710 A/C PAYABLE RS.1215 2106 NOTES PAYABLE 718 4982 OTHER 230 TOTAL CURRENT 7798 LIABILITIES 2163 TOTAL 4190 LONG TERM DEBT FIXED ASSETS: NET PLANT AND EQUIPMENT 18584 OWNER'S EQUITY: COMMON STOCK AND PAID IN SURPLUS RETAINED EARNINGS TOTAL 10000 10029 20029 26382 26382 TOTAL TOTAL

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