Assume that you are the controller of Nuclear Company. At December the end of the first year of operat financial data for the company are available:
Cash
Accounts Receivable
Inventory
Equipment
Accounts Payables
Salary payable for on December this was owed to an employee, but the amount was not paid until January
Total sales revenue
Total Expensesexcluding income taxes
Income taxes expense at of pretax earnings; all paid during
Common shares, shares outstanding
$
No dividends were declared or paid during
Required:
Prepare an income statement for the year ended December
tableNUCLEAR COMPANYIncome StatementFor the Year Ended December Total sales revenue,$
