Question
A partial worksheet for Ackler Adjusters is presented below. Debit Credit Debit Credit Total 20980 16580 56000 60400 Net income (c) 4400 4400 20980 20980
A partial worksheet for Ackler Adjusters is presented below.
|
| Debit | Credit | Debit | Credit |
| Total | 20980 | 16580 | 56000 | 60400 |
| Net income (c) |
| 4400 | 4400 |
|
|
| 20980 | 20980 | 60400 | 60400 |
Why c) is Net income, How do we calculate c)?
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Management and Cost Accounting
Authors: Alnoor Bhimani, Charles T. Horngren, Srikant M. Datar, George Foster
4th edition
1405888202, 978-0273711490, 273711490, 978-1405888202
