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This is the question nothing more. 1-The following information is available for APC Corporation for the year ended December 31, 2015: Sales $700,000; operating expenses
This is the question nothing more.
1-The following information is available for APC Corporation for the year ended December 31, 2015: Sales $700,000; operating expenses BD 150,000; cost of goods sold BD 300,000.(10 marks) Cash at the beginning of the year is BD40,000 Cash at the end of the year is BD425,000 The company purchased machine worth of BD 5,000 The company issued stock worth of BD 60,000 The company taken bank loan of BD10,000 The company sold its building worth of BD 100,000 preferred stock dividend BD 30000 1-The following information is available for APC Corporation for the year ended December 31, 2015: Sales $700,000; operating expenses BD 150,000; cost of goods sold BD 300,000.(10 marks) Cash at the beginning of the year is BD40,000 Cash at the end of the year is BD425,000 The company purchased machine worth of BD 5,000 The company issued stock worth of BD 60,000 The company taken bank loan of BD10,000 The company sold its building worth of BD 100,000 preferred stock dividend BD 30000
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