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Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
Edition 16ISBN: 978-0077862381Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
Edition 16ISBN: 978-0077862381 Exercise 72
Jiminez, Inc., had the following transactions during the month of March 2015.repare an income statement based on this information, being careful to include only those items that should appear in that financial statement.
1.ash received from bank loans was $10,000.
2.evenues earned and received in cash were $9,850.
3.ividends of $4,000 were paid to stockholders.
4.xpenses incurred and paid were $5,465.
1.ash received from bank loans was $10,000.
2.evenues earned and received in cash were $9,850.
3.ividends of $4,000 were paid to stockholders.
4.xpenses incurred and paid were $5,465.
Explanation
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Financial reporting means reporting fina...
Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
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