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The following are presented in trial balance of Bren Enterprises for the year ended December 31, 2019. Cash - 100,000 Accounts Receivable -30,000 Notes Receivable
The following are presented in trial balance of Bren Enterprises for the year ended December 31, 2019. Cash - 100,000 Accounts Receivable -30,000 Notes Receivable - 200,000 Merchandise Inventory - 26,500 Equipment -80,000 Furniture & Fixtures - 25,000 Accounts Payable - 28,000 Loans Payable Payable - 200,000 Bren, Capital-145,700 Bren, Drawings - 3,250 Sales - 200,000 Sales Discount - 3,000 Sales Return & Allowances - 1,500 Rent Expense-12,000 Advertising Expense - 3,000 Cost of Goods Sold - 80,000 Interest Expense-1,250 Loss on sale of machinery - 8,200 How much is the total operating income of Bren Enterprises
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