Using the following information, what is the amount of net income? Purchases $ 34898 Selling expenses $729
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Question:
Using the following information, what is the amount of net income?
Purchases | $ 34898 | Selling expenses | $729 |
Merchandise inventory, September 1 | 5627 | Merchandise inventory, September 30 | 10818 |
Administration expenses | 793 | Sales | 59559 |
Rent revenue | 896 | Interest expense | 884 |
a. $ 28279
b. $ 39097
c. $ 30047
d. $ 22652
Related Book For
Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
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