Answer to Question #231885 in Accounting for Another you

Question

A. Solve for the unknown using the SCI format. Show your solution and answer.

Case 1:

Expenses P20,000

Net Income/(Net Loss) 50,000

Service Income ?

Case 2:

Net Income/(Net Loss) P67,500

Service Revenue 80,000

Expenses 12,500

Other Comprehensive Income 10,500

Comprehensive Income ?

Case 3:

Comprehensive Income P40,000

Other Comprehensive Income 4,000

Service Income 130,000

Net Income/(Net Loss) 36,000

Expenses ?

Answer 1

Dear Another you, your question requires a lot of work, which neither of our experts is ready to perform for free. We advise you to convert it to a fully qualified order and we will try to help you. Please click the link below to proceed: Submit order