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42 The following is a listing of some of the balance sheet accounts and all of the income statement accounts for Northview Company as they

42 The following is a listing of some of the balance sheet accounts and all of the income statement accounts for Northview Company as they appear on the company's adjusted trial balance. Accounts Payable Accounts Receivable Inventory Advertising Expense Cost of Goods Sold $13,000 23,000 22,400 18,000 137,000 Delivery Expense 7,200 Income Tax Expense 3,900 Insurance Expense 1,000 Rent Expense 16,800 Sales Revenue 280,000 Sales Discounts 9,800 Sales Returns & Allowances 37,000 ools Gross profit would be:. 6 ose Ac raw Multiple Choice $89,000. $131,600. O $92,900. < Prev 20 of 26 Next > MacBook Pro

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