An industrial company has the following data;
1- sales data.
sales 320.000 - sales return 20.000 - sales discount 15.000
2- Purchase data.
purchase 200.000 - freight in 5000 - purchase returns 12.000 - purchase discounts 7000
3- Merchandise Inventory.
beginning Inventory 15.000 - Ending Inventory 20.000
4- Operating expenses.
selling expenses 15.000 - Admin expenses 19.000.
5-Non-operating items.
loss on sale of equipment. 20.000
Gain on sale of land. 100.000
Interest expense. 5000
Interest revenue. 5000
required; Prepare the Income statement for the year ended Dec 31,2014.
مطلوب؛ إعداد بيان الدخل للسنة المنتهية في 31 ديسمبر 2014 -
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