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Do my answer choices look correct? Snoopy Dog Food Company uses the periodic imwentory method to keep track af its dog food supply. They prowided
Do my answer choices look correct?
Snoopy Dog Food Company uses the periodic imwentory method to keep track af its dog food supply. They prowided the follawing information for 2021 : Invertary incrensed during the year by $16,000. Ending Inventary was $28,000 Dag food supply Expense was $44,000. Haw much dog food supply did 5 noopy purchase in 2021 ? \begin{tabular}{l} \hline$24,000 \\ \hline$60,000 \\ \hline$52,000 \\ \hline$36,000 \\ \hline None of these are conroct. \\ \hline \end{tabular} Question 7 15 pts The fallowing irformation is provided for a compary: Comman Stack - 39,000 Additional Paid-In Capital - 95,000 Wages Expense - 24,000 Dividends Declared, but Unpoid - 5,500 Treasury Stock 5,700 Beginning Retained Earnings - 47,200 Revenue 97,500 Unearned Revenue - B,800 coGS49,000 Prepaid Expenses - 11,400 Rent Expense - 12,000 Insurance Expense - 6,500 Calculate Net Income (Loss) \begin{tabular}{l} \hline$5,400}) \\ \hline$6,000 \\ \hline None of thesc anc Correct. \\ \hline$14,800 \\ \hline$3,400 \end{tabular}Step by Step Solution
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