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No. 4: Let's say Gourmet Shop wants to find its net income for the first quarter of 2020. re are the numbers Gourmet is
No. 4: Let's say Gourmet Shop wants to find its net income for the first quarter of 2020. re are the numbers Gourmet is working with: 1. Total revenues: $60,000 2. Cost of goods sold (COGS): $20,000 3. Rent: $6,000 4. Utilities: $2,000 5. Payroll: $10,000 6. Advertising: $1,000 7. Interest expense: $1,000 (10 Marks) WISH YOU GOOD LUCK....
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Using Financial Accounting Information The Alternative to Debits and Credits
Authors: Gary A. Porter, Curtis L. Norton
8th edition
1111534918, 978-1111534912
