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Please be neat SL. Cost- Salvage Value Life...

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Accounting

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SL. Cost- Salvage Value Life Double Straight Line Rale Dep Bal at yr. end 2018 2019 2020 QUESTION S: Complete the income Statement PRINCE INCOME STATEMENT CROWN NCOME STATEMENT For the year ending Dec. 31, 2018 For the year ending Dec 31, 2018 Sales Revenue COGS Gross Prott GP% Selling General & Adm Expenses Depreciation Exp Bad Debt Exp Other SGA 175,000 $175,000 $175,000 Total SGA Net INCOME before Income Tax Income Tax (30%) NET INCOME Both companies paid a dividend of $10,000 to the stockholders QUEST ON 6: te Statement of Reared Eamng' CROWN Statement of Retained Earnings For the year ending Dec. 31, 2018 PRINCE Statement of Retained Earnings For the year ending Dec 31,2018 Retained Earnings 1/1/2018 Net Income Dividends Retained Earnings 1231/2018

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