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The following details pertain to Zenith Corp. as of December 31, 2024. Prepare the income statement: Sales Revenue: 200,000 Cost of Goods Sold: 120,000 Operating

  1. The following details pertain to Zenith Corp. as of December 31, 2024. Prepare the income statement:
  • Sales Revenue: ₹200,000
  • Cost of Goods Sold: ₹120,000
  • Operating Expenses: ₹30,000
  • Interest Expense: ₹10,000
  • Tax Rate: 30%

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