346 Return 2012 Form 1120 - Form 1120 TAX TRIAL BALANCE Elixir Seecorp Gross receipts Cost of goods sold Dividend income Interest income Capital loss

346 Return 2012 Form 1120 - Form 1120 TAX TRIAL BALANCE...

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Form 1120 Page 1 TAX TRIAL BALANCE Elixir Seecorp Schedule M -1 Gross receipts $1,000,000 Book Inc $104,000 Cost of goods sold (250,000) + F.I.T. Dividend income 50,000 + Cap. Losses Interest income 20,000 +Excess Charitable Contribution Capital loss (35,000) - Exempt Int. Inc. $785,000 $0 $0 Tax Return Income Before Special Deductions $104,000 Compensation of officers (300,000) Salaries & wages (120,000) Rents (60,000) Property taxes (10,000) Depreciation (100,000) Utilities (24,000) State income tax (12,000) ($626,000) $0 $0 159,000 0 Charitable contributions
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