Senario 1 Income Statement Balance Sheet
Statement of Stockholde
Question 2 : a. b. c.
d. i) II) e. Question 3 :
Income Statement For Period Ended September 30, 2012 Extase Inc. Revenue Sales Cost of Sales Total Gross Profit Expenses Administrative Expenses Wages Depreciation expenses Insurance expenses Other Expenses Finance expenses Total Expenses Income Before Income taxes (operating expenses) Income Tax Expenses Net Income Balance Sheet For Period Ended September 30, 2012 Extase Inc. Assets Cash Account Receivables Inventories Prepaid Insurance Total Current Assets
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