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Given the following end-of-the-month account balances for DL Enterprises, what was the company's Net Income? Sales revenue $62,500 Product expense 52,200 Wages expense 18,900 Owner
Given the following end-of-the-month account balances for DL Enterprises, what was the company's Net Income?
| Sales revenue | $62,500 |
| Product expense | 52,200 |
| Wages expense | 18,900 |
| Owner investment | 12,000 |
| Equipment purchases | 56,000 |
| Utilities Expense | 1,800 |
| Rental revenue | 15,300 |
| Taxes expense | 400 |
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Introduction to Managerial Accounting
Authors: Peter Brewer, Ray Garrison, Eric Noreen
7th edition
978-1259675539, 125967553X, 978-1259594168, 1259594165, 78025796, 978-0078025792
