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Please quickly An excerpt from the Trial Balance of Sur Company is given below. Amount (OMR) 350 Amount (OMR) 50 Account Dividends Interest Revenue Depreciation
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An excerpt from the Trial Balance of Sur Company is given below. Amount (OMR) 350 Amount (OMR) 50 Account Dividends Interest Revenue Depreciation Expense Cost of Goods Sold Accounts Receivable Accounts Payable Advertising Expense Cash Rent Expense Gain on sale of Equipment 75 250 4,600 800 80 1,600 250 Account Loss on Sale of Land Rent Revenue Wages Expense Unearned Revenue Supplies Expense Sales Discount Sales Returns and Allowances Sales Interest Expense Prepaid Expense 300 750 920 200 800 900 500 90 10,000 50 300 Based on the above information you are required to answer the following questions Net Sales is Gross Profit is Operating Income is Net Income isStep by Step Solution
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