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Prepare an Income Statement for Perry Corporation. for the year ended December 31,2015 Account Receivable 350 Accumulated Depreciation 205 Cost of good solds 285 Depreciation
Prepare an Income Statement for Perry Corporation. for the year ended December 31,2015
Account Receivable 350
Accumulated Depreciation 205
Cost of good solds 285
Depreciation expenses 55
General and admi. exp. 60
Interest expenses 25
Preferred stock dividends 10
sales revenue 525
selling expenses 35
stockholder's equity 265
taxes rate= 40%
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