The following account balances for Bucha Corporation are for the year ended October 31,2021.Complete an Income Statement for the year assuming the income tax rate is 20%.
$\begin{array}{|l|r|}
\hline \text { Revenues } & 3,880.00 \
\hline \text { Operating Expense } & 895.00 \
\hline \text { Gain on Sale of Assets } & 80.00 \
\hline \text { Interest Expense } & 22.00 \
\hline
\end{array}$

Question

The following account balances for Bucha Corporation are for the year ended October 31,2021.Complete an Income Statement for the year assuming the income tax rate is 20%.
 $\begin{array}{|l|r|}
\hline \text { Revenues } & 3,880.00 \
\hline \text { Operating Expense } & 895.00 \
\hline \text { Gain on Sale of Assets } & 80.00 \
\hline \text { Interest Expense } & 22.00 \
\hline
\end{array}$

Quizplus · Accepted Answer

The Answer of The following account balances for Bucha Corporation are for the year ended October 31,2021.Complete an Income Statement for the year assuming the income tax rate is 20%.
 $\begin{array}{|l|r|}
\hline \text { Revenues } & 3,880.00 \
\hline \text { Operating Expense } & 895.00 \
\hline \text { Gain on Sale of Assets } & 80.00 \
\hline \text { Interest Expense } & 22.00 \
\hline
\end{array}$

The Following Account Balances for Bucha Corporation Are for the Year