Question
Sheridan Company began the year by issuing $114000 of common stock for cash. The company recorded revenues of $1130000, expenses of $958000, and paid dividends
Sheridan Company began the year by issuing $114000 of common stock for cash. The company recorded revenues of $1130000, expenses of $958000, and paid dividends of $61000. What was Sheridan's net income for the year?
0$111000
0 $286000
0 $225000
0 $172000
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Primary English Audit And Test
Authors: Sue Reid, Angela Sawyer, Mary Bennett-Hartley
4th Edition
1446282759, 978-1446282755
