4C During the year the following occurred. What are the total expenses for the year? (i) Goods...

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4C During the year the following occurred. What are the total expenses for the year?

(i) Goods which cost $60 000 were sold on credit for $100 000.

(ii) Paid wages of $40 000.

(iii) Depreciation expense was $8000.

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Fundamentals Of Accounting And Financial Management

ISBN: 9780170454797

8th Edition

Authors: Professor Ken Trotman, Kerry Humphreys

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