Excel Applications for Accounting Principles
4th Edition
ISBN: 9781111581565
Author: Gaylord N. Smith
Publisher: Cengage Learning
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Question
Chapter 10, Problem 8R
To determine
Compute the net pay by entering the updated tax information for the current year.
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Thom-Pierre Consultants (TPC)
Tax Rate
COMPARITIVE INCOME STATEMENT
30%
for years ended 31 December
2018
2019
Revenues and gains
*Sales revenue
*Interest revenue
*Investment Income
*Other revenue
Total revenue and gains
Expenses and losses
**Cost of goods sold
460,000
**Selling and admin administrative
195,000
***Computer (operating)
**Depreciation
55,000
**Interest expense
25,200
Total expenses and losses
Income before taxes
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Net Income
Chapter 10 Solutions
Excel Applications for Accounting Principles
Ch. 10 - Based on 2011 tax rates provided, use a calculator...Ch. 10 - You have been asked to record the November payroll...Ch. 10 - To make the worksheet reusable each month, the...Ch. 10 - Prob. 4RCh. 10 - Prob. 5RCh. 10 - In the space provided below, prepare the journal...Ch. 10 - In the space provided below, prepare the journal...Ch. 10 - Prob. 8RCh. 10 - Click the Chart sheet tab. On the screen is a...
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