Question
The following are the current month's balances for Toys Galore: Accounts Payable $8,000 Revenue 10,000 Cash 5,000 Expenses 1,750 Furniture 12,000 Accounts Receivable 14,000 Jones,
The following are the current month's balances for Toys Galore:
| Accounts Payable | $8,000 |
| Revenue | 10,000 |
| Cash | 5,000 |
| Expenses | 1,750 |
| Furniture | 12,000 |
| Accounts Receivable | 14,000 |
| Jones, Capital | 8,250 |
| Notes Payable | 6,500 |
What is the net income for Toys Galore for the current month?
a) $8,250
b) $10,000
c) $15,000
d) $11,750
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Buck's The Next Step Advanced Medical Coding And Auditing
Authors: Elsevier
1st Edition
0323762778, 978-0323762779
