Unformatted text preview: • Include interest expense of $350 under other expense section. • Allow for an accrued income tax deduction or tax benefits (on losses) at a rate of 30%. • Add an extraordinary gain section listing the gain of $3000....
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This note was uploaded on 02/12/2012 for the course ECONOMICS 101 taught by Professor Obiene during the Spring '11 term at Essex County College.
- Spring '11