Question
ABC Co. Had the following account balances Sales SAR 120,000 Cost of goods sold 60,000 Salary expense 10,000 Depreciation expense 20,000 Dividend revenue 4,000 Utilities
ABC Co. Had the following account balances
Sales
SAR 120,000
Cost of goods sold
60,000
Salary expense
10,000
Depreciation expense
20,000
Dividend revenue
4,000
Utilities expense
8,000
Rental revenue
20,000
Interest expense
12,000
Sales returns
11,000
Advertising expense
13,000
?What is the net income before taxes
SAR49,000
SAR12,000
SAR 35,000
SAR10,000
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Accounting A Smart Approach
Authors: Mary Carey, Jane Towers Clark, Cathy Knowles
1st Edition
0199587418, 978-0199587414
