Wk 3 Chapter 4

Wk 3 Chapter 4 - Tara Anderson Exercise 4-33 a b c d e f g...

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Tara Anderson Exercise 4-33 a Income Statement b cash flow c retained earnings d balance sheet e balance sheet f balance sheet g retained earnings h cash flow i balance sheet j balance sheet k balance sheet l balance sheet m Income Statement n cash flow o Income Statement p Income Statement q Income Statement r cash flow s balance sheet
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4-44 Name: Tara Ande Enter the appropriate numbers in the shaded cells in columns I and K below. Radiant Cosmetics Inc. Income Statement (Partial) For the year Ended December 31, 2008 Income from operations before income taxes Income taxes Income from continuing operations Discontinued operations Loss from operations of discontinued cosmetics division (including loss on disposal of $50,000)  (32,000) Income tax benefit  12,000  Extraordinary gain (net of income taxes of $10,000) Net income Earnings per share Income from continuing operations Loss from discontinued operations Extraordinary gain Net income Radiant Cosmetics Inc. Retained Earnings Statement For the year Ended December 31, 2008 Retained earnings, January 1, 2008 Add: Correction of sales understatement in 2007 (net of income taxes of $21,000) Deduct correction for omission of depreciation of prior periods (net of income tax refund claim of $8,000)
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Wk 3 Chapter 4 - Tara Anderson Exercise 4-33 a b c d e f g...

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