=+ 3. Net income: $22,050 The financial statements at the end of Palo Duro Realtys first month

Question:

=+✔ 3. Net income:

$22,050 The financial statements at the end of Palo Duro Realty’s first month of operations are shown at the top of the next page.

PR 1-6B Missing amounts from financial statements objs. 4, 5 obj. 5 Chapter 1 Introduction to Accounting and Business 43 Palo Duro Realty Income Statement For the Month Ended November 30, 2010 Fees earned . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ (a)

Expenses:

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