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Credit Debit $19,000 40,000 65,000 18,000 330,000 Cash Accounts Receivable Merchandise Inventory Supplies Land Accounts Payable Notes Payable Common Stock Retained Earnings Dividends $2,000 25,000
Credit Debit $19,000 40,000 65,000 18,000 330,000 Cash Accounts Receivable Merchandise Inventory Supplies Land Accounts Payable Notes Payable Common Stock Retained Earnings Dividends $2,000 25,000 329,000 26,000 6,000 6,000 466,000 Dividends Sales Revenue Cost of Goods Sold Salaries Expense Utilities Expense Rent Expense Interest Expense Totals 230,000 15,000 68,000 53,000 _4,000 $848,000 $848,000 How much is the gross profit? O A. $96,000 O B. $100,000 O c. $236,000 OD. $90,000
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