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Unformatted text preview: Interest expense 16,200 Depreciation expense 15,000 Other operating expenses 51,000 137,200 Income before income tax 99,800 Income tax expense 39,900 Net Income 59,900 Retained earnings, Jan 1 73,700 Dividend declared (8,000) Retained earnings, Dec 31 $125,600 Equipment Income Taxes Payable Mortgage Payable Bonds Payable Common Shares Retained Earnings Prepaid Expenses Accum Deprec - Equip Wages Payable Cash Building Land Accum Deprec - Build A/P A/R Inventory...
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This note was uploaded on 10/26/2011 for the course ACCT 3410 taught by Professor Jobs during the Spring '11 term at Kwantlen Polytechnic University.
- Spring '11