Time is a vital resource that every business treasures and tries to change into a advantage. When picking document management software, be aware of a clutterless and user-friendly interface that empowers customers. DocHub offers cutting-edge instruments to optimize your document managing and transforms your PDF editing into a matter of one click. Hide Sentence in the Income Statement Quarterly with DocHub to save a ton of time and enhance your efficiency.
Make PDF editing an easy and intuitive process that helps save you plenty of precious time. Effortlessly alter your documents and give them for signing without having adopting third-party options. Concentrate on pertinent tasks and boost your document managing with DocHub starting today.
hello and welcome today were working on intermediate accounting chapter four uh were going to do a condensed income statement and were going to work on comprehensive income the statement and then some other comprehensive income items so welcome my name is jeff and i help you finally learn financial literacy so we got three problems were going to work on just the income statement then two others so lets get started the first one was were going to prepare an income statement and its a condensed income statement with a separate comprehensive income statement attached to it so heres our given information we have sales of uh for 400 000 costs of goods sold 120 000 selling administrative expenses 60 000 the gain on the sale of land is 20 000 we have an unrealized gain on available for sale investments interest expense a gain on discontinued operations of 36 000 our income tax rate is going to be 40 percent and we had dividends that were paid of 5000 so ive kind of built already the