Webby Corporation reported the following amounts on its income statement: service revenues, $32,500; utilities expense, $300; net
Question:
Webby Corporation reported the following amounts on its income statement: service revenues, $32,500; utilities expense, $300; net income, $1,600; and income tax expense, $900. If the only other amount reported on the income statement was for selling expenses, what amount would it be?
a. $2,200
b. $29,700
c. $30,000
d. $30,900
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Related Book For
Fundamentals Of Financial Accounting
ISBN: 9781265440169
7th Edition
Authors: Fred Phillips, Shana Clor Proell, Robert Libby, Patricia Libby
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