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    杨子偏
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    Emily's statement of comprehensive income for 2012 and 2011 is provided, including cost of sales, depreciation expense, income tax expense, insurance expense, interest expense, interest revenue, sales revenue, supplies expense, salaries expense, commissions expense, advertising expense, and rent expense. The task is to prepare a comparative, multi-step statement of comprehensive income for Emily for the years ending December 31, 2012 and 2011 using the income statement items provided.

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    Emily's statement of comprehensive income for 2012 and 2011 is provided, including cost of sales, depreciation expense, income tax expense, insurance expense, interest expense, interest revenue, sales revenue, supplies expense, salaries expense, commissions expense, advertising expense, and rent expense. The task is to prepare a comparative, multi-step statement of comprehensive income for Emily for the years ending December 31, 2012 and 2011 using the income statement items provided.

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    16 views1 page

    ACCT5432 - Homework Question

    Uploaded by

    杨子偏
    Emily's statement of comprehensive income for 2012 and 2011 is provided, including cost of sales, depreciation expense, income tax expense, insurance expense, interest expense, interest revenue, sales revenue, supplies expense, salaries expense, commissions expense, advertising expense, and rent expense. The task is to prepare a comparative, multi-step statement of comprehensive income for Emily for the years ending December 31, 2012 and 2011 using the income statement items provided.

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    of 1

    14 Prepare and analyse the statement

    of comprehensive income L04. s


    The foUo,Ning statement of comprehensive income items are
    available from Emily for the years ending 31 December 2011
    and 2012:

    2012 2011
    Cost of sales $48 596 $ 58896
    Depreciation expense 5565 6589
    Income tax expense 2 217 2684
    Insurance expense 4897 5236
    Interest expense 2584 2695
    Interest revenue 4287 4189
    Sales revenue 95950 106569
    Supplies expense 1 654 2106
    Salaries expense 19320 21012
    Commissions expense 4879 6010
    Advertising expense 2200 3200
    Rent expense 7634 7856

    Required
    a Prepare a comparative, multi-step statement of comprehensive
    income for Emily.

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