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The following are the current month's balances for selected accounts of Sandlin Marketing Company. Accounts Payable $ 9 comma 000 Revenue 10 comma 000 Cash
The following are the current month's balances for selected accounts of Sandlin Marketing Company.
Accounts Payable | $ 9 comma 000 |
Revenue | 10 comma 000 |
Cash | 9 comma 450 |
Expenses | 1 comma 300 |
Furniture | 11 comma 000 |
Accounts Receivable | 12 comma 000 |
Common Stock | 9 comma 250 |
Notes Payable | 5 comma 500 |
What is the net income for Sandlin Marketing for the current month?
A.
$ 11 comma 300
B.
$ 19 comma 450
C.
$ 8 comma 700
D.
$ 10 comma 000
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