With the next information: Build the company's P&L (Profit and losses). Use only those accounts that you consider relevant to fully comply with your work.
With the next information: Build the company's P&L (Profit and losses). Use only those accounts that you consider relevant to fully comply with your work.
Account Financial expense Financial Obligations (5 months) Operational utility Patents Inventory Profit for the year Selling and administrative expenses Gross profit Income taxes (on utility) Temporary investments Box and banks Accounts Payable Vendors Sales cost Land Taxes to pay Operating income accounts receivable Machinery and equipment Social capital Furniture and fixtures Buildings Retained earnings Bonds issued (3 years) Financial Obligations (2 years) Net income before taxes Value $ 700 $ 200 $ 1.400,00 $ 581 $50 $ 450 $ 700 $ 2.100,00 $250 $ 30 $ 1.744,00 $ 50 $ 2.400,00 $ 800 $ 330,00 $ 4.500 $ 200,00 $ 1.000,00 $ 3.000,00 $ 555 970 $ $ 450 $ 855 $ 550 $ 700
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Income statement Revenue 4500 Operating expenses Sell...See step-by-step solutions with expert insights and AI powered tools for academic success
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