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The Coyle Company just completed its first month of operations and had the following account balances: Cash 6,290 Advertising expense 2,633 Revenue 26,014 Ending retained
The Coyle Company just completed its first month of operations and had the following account balances:
| Cash | 6,290 | Advertising expense | 2,633 | |
| Revenue | 26,014 | Ending retained earnings | 4,935 | |
| Supplies | 345 | Equipment | 12,600 | |
| Dividends | 400 | Notes payable | 4,400 | |
| Payroll expense | 18,046 | Common stock | 9,900 |
What is the company's net income?
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Apple Blossom Cologne Company Audit Case
Authors: Jack Paul
5th Edition
0072844507, 978-0072844504
