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Stinson Company had the following activity for the quarter ended December 31. Calculate the net income for the period. Cost of goods sold $3,650 Sales
Stinson Company had the following activity for the quarter ended December 31. Calculate the net income for the period.
| Cost of goods sold | $3,650 |
| Sales revenue | $6,000 |
| Selling expenses | $1,250 |
| General and administrative expenses | $650 |
| $450 | ||
| $1,700 | ||
| $1,100 | ||
| $2,350 |
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Advanced Accounting
Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik
12th edition
77862228, 978-1259283567, 1259283569, 978-0077862220
