Please include steps and explanations Required: Prepare an Income Statement of Company Alfex as at 31 Dec. 2020. a) Writ

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answerhappygod
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Please include steps and explanations Required: Prepare an Income Statement of Company Alfex as at 31 Dec. 2020. a) Writ

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Please include steps and explanations
Required: Prepare an Income Statement of Company Alfex as at 31
Dec. 2020.
a) Write off (in minus) of short-term financial assets 9 000
b) Other costs by nature 4 000
c) Change in inventories of traded goods + 2 000
d) Revenue from sale of building 50 000
e) Income tax 10%
f) Revenue from sale of traded goods 12 000
g) Retained profits from previous years 10 000
h) Accumulated depreciation of building 49 000
i) Historical cost of building 102 000
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