Activity 1: Directions: Prepare a Statement of Comprehensive Income for the following independent
transactions. Use your surname as your company name.
Service Revenue Php95,000.00; Salaries Expense Php5,000.00; Transportation Expense Php15,000.00;
Rent Expense Php20,000.00; Utilities Expense Pph3,000.00; Other Comprehensive Income is
Php8,000.00
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