Required: Prepare an Income Statement of Company Alfex as at 31 Dec. 2020. a) Loss...
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Required: Prepare an Income Statement of Company Alfex as at 31 Dec. 2020. a) Loss on sale of corporate bonds 2000 b) Trademark (net value) 21000 c) Revenue from sale of trademark 29 000 d) Subsidies received from the government 16 000 e) Revenue from sale of services 6500 f) Receivables in court 900 g) External services 3500 h) Banking fees accrued in previous period but paid in current period 450 i) Income tax 20%
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