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Question 4. Bennett Inc. has the following balances in their accounts at year end. What is their income for the period? Accounts Payable $ 115,000
Question 4. Bennett Inc. has the following balances in their accounts at year end. What is their income for the period? Accounts Payable $ 115,000 Accounts Receivable $ 50,700 Retained Earnings $ 40,000 Utilities Expense $ 12,500 Sales Revenue $ 250,000 Buildings $ 150,000 Common stock (contributed capital) $ 200,000 Cash $ 5,000 Equipment $ 84,500 Income taxes payable $ 7,500 Travel expense $ 2,200 Land $ 85,000 Rent Expense $ 190,000 Furniture $ 112,900 Salaries expense $ 50,500 Enter the amount as a whole number, no commas, no dollar signs.
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