Using the following information, what is the amount of net income? Purchases $ 34898 Selling expenses $729 Merchandise inventory, September 1 5627 Merchandise inventory, September
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
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Income Statement Particulars Amount Amount Sales Reveune 59559 Less Cost of goods sold ...
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Authors: Albrecht Stice, Stice Swain
11th Edition
978-0538750196, 538745487, 538750197, 978-0538745482
