Smart Lansing Companys 2017 Income Statement

Expenses Cost of goods sold 42000.

Lansing companys 2017 income statement. LANSING COMPANY Incone Statenent For Year Ended December 31 2817 Sales revenue 115200 Expenses Cost of goods sold 48eee Depreciation expense 15eee. Sales revenue 97200. Sold land costing 315000 for 4100.

LANSING COMPANY Income Statement For Year Ended December 31 2017 Sales revenue 118200 Expenses Cost of goods sold 49000 Depreciation expense 15500 Salaries expense 25000. Prepare only the cash flows from operating activities section of the statement of cash flows using the indirect method. Lansing company s 2017 income statement and selected balance sheet data for current assets and current liabilities at december 31 2016 and 2017 follow.

Lansing company selected balance sheet accounts at december 31. Consolidated Statement of Profit or Loss and Other Comprehensive Income Group Year ended 30 September Increase 2017 2016 Decrease S000 S000 Revenue 23878 25051 47 Cost of sales 14866 13669 88. Lansing Companys 2017 income statement and selected balance sheet data for current assets and current liabilities at December 31 2016 and 2017 follow.

Lansing Companys 2017 income statement and selected balance sheet data for current assets and current liabilities at December 31 2016 and 2017 follow. Net income 6000. LANSING COMPANY Income Statement For Year Ended December 31 2017.

Cost of goods sold. LANSING COMPANY Income Statement For Current Year Ended December 31 Sales revenue 121200 Expenses Cost of goods sold 50000 Depreciation expense 16000 Salaries expense 26000 Rent expense 9800. Cost of goods sold.

Sales revenue 97200. 1 The following income statement and information about changes in noncash current assets and current liabilities are reported. CONSOLIDATED INCOME STATEMENT For the financial year ended 31 December 2017 2017 2016 Change S000 S000 Restated Revenue 353629 57830634 Other income 114470 5076104 Changes in inventories of finished goods and work-in-progress 3127 587413.