Question
A company had the following transactions during the month of January: Sales revenue of $10,000 Cost of goods sold of $6,000 Rent expense of $1,500
A company had the following transactions during the month of January:
- Sales revenue of $10,000
- Cost of goods sold of $6,000
- Rent expense of $1,500
- Salaries expense of $2,000
- Depreciation expense of $500
- Interest expense of $100
Calculate the company's net income for the month of January.
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Horngrens Financial And Managerial Accounting The Financial Chapters
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
6th Edition
978-0134486840, 134486838, 134486854, 134486846, 9780134486833, 978-0134486857
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