'Federal income tax expense' diaporamas de présentation

Federal income tax expense - PowerPoint PPT Presentation

Chapter 4

Chapter 4

Chapter 4. Financial Reporting for a Departmentalized Business. Terms that you need to know. Fiscal Period The length of time which a business summarizes and reports financial information. Departmental Statement of gross profit

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LESSON 15-1

LESSON 15-1

LESSON 15-1. Preparing an Income Statement. INCOME STATEMENT INFORMATION ON A WORK SHEET. page 448. REVENUE SECTION OF AN INCOME STATEMENT FOR A MERCHANDISING BUSINESS. page 449. 1. 2. 3. 4. 5. 8. 9. 6. 7. 1. Heading. 6. Contra account amounts. 2. Revenue section.

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LESSON 15-1

LESSON 15-1

LESSON 15-1. Preparing an Income Statement. INCOME STATEMENT INFORMATION ON A WORK SHEET. page 448. REVENUE SECTION OF AN INCOME STATEMENT FOR A MERCHANDISING BUSINESS. page 449. 1. 2. 3. 4. 5. 8. 9. 6. 7. 1. Heading. 6. Contra account amounts. 2. Revenue section.

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Accounting 3

Accounting 3

Accounting 3. Chapter 26 Section 4 Adjusting, Closing, and Reversing Entries for a Corporation. Adjusting Entries. Adjusting Entries for a corporation are similar to those of proprietorships and partnerships except for the adjustment for federal income tax expense and payable.

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Chapter 15

Chapter 15

Chapter 15. Preparing an Income Statement Mr. Hunter. INCOME STATEMENT INFORMATION ON A WORK SHEET. page 448. REVENUE SECTION OF AN INCOME STATEMENT FOR A MERCHANDISING BUSINESS. page 449. 1. Heading. 6. Contra account amounts. 2. Revenue section. 7. Contra account total. 8. Net Sales.

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INCOME STATEMENT INFORMATION ON A WORK SHEET

INCOME STATEMENT INFORMATION ON A WORK SHEET

INCOME STATEMENT INFORMATION ON A WORK SHEET. page 448. REVENUE SECTION OF AN INCOME STATEMENT FOR A MERCHANDISING BUSINESS. page 449. 1. 2. 3. 4. 5. 8. 9. 6. 7. 1. Heading. 6. Contra account amounts. 2. Revenue section. 7. Contra account total. 8. Net Sales.

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Accounting 3

Accounting 3

Accounting 3. Chapter 25 Section 3 Calculating Federal Income Tax and Completing a Worksheet. Federal Income Tax Adjustment. Corporations expecting to pay more than $500 in federal income tax are required to pay their estimated taxes in quarterly installments.

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LESSON 15-1

LESSON 15-1

LESSON 15-1. Preparing an Income Statement. INCOME STATEMENT INFORMATION ON A WORK SHEET. page 448. REVENUE SECTION OF AN INCOME STATEMENT FOR A MERCHANDISING BUSINESS. page 449. 1. 2. 3. 4. 5. 8. 9. 6. 7. 1. Heading. 6. Contra account amounts. 2. Revenue section.

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119 views • 6 slides
LESSON 15-1

LESSON 15-1

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153 views • 6 slides
LESSON 15-1

LESSON 15-1

LESSON 15-1. Preparing an Income Statement. INCOME STATEMENT INFORMATION ON A WORK SHEET. page 448. REVENUE SECTION OF AN INCOME STATEMENT FOR A MERCHANDISING BUSINESS. page 449. 1. 2. 3. 4. 5. 8. 9. 6. 7. 1. Heading. 6. Contra account amounts. 2. Revenue section .

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