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In its income statement for the year ended December 31 2017 Mancini Company SpA reported the following condensed data Operating expenses

In its income statement for the year ended December 31, 2017, Mancini Company, SpA reported the following condensed data. Operating expenses...............€ 725,000..............Interest revenue...............€ 33,000 Cost of goods sold................1,256,000...Loss on disposal of plant assets.........17,000 Interest expense........................70,000.....................Net sales..............2,200,000 Other comprehensive income.........8,300 Instructions (a) Prepare an income statement. (b) Prepare a comprehensive income statement.

Apr 05 2020 View more View Less

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