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The following statements were prepared for DRB Limited, a company using IFRS, by the company's new bookkeeper: DRB Limited Comprehensive Income Page For the Year
The following statements were prepared for DRB Limited, a company using IFRS, by the company's new bookkeeper: DRB Limited Comprehensive Income Page For the Year Ended December 31, Year 4 (in thousands of dollars) Income: Sales revenue $2,000 Loss from bonds retirement 200 1,800 Expenses: Depreciation 80 Cost of goods sold (B) 800 Income tax (C) 67 Other (D) 580 1,527 Regular Income $ 273 DRB Limited Statement of Retained Earnings For the Year Ended December 31, Year 4 (in thousands of dollars) Balance, beginning of year $ 610 Profit 273 Severance pay (E) (80) Dividends (F) (55) Other comprehensive income related to an investments 18 Balance, end of year $ 766
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