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The following information relates to Marin Inc. for the year 2017. Retained earnings, January 1, 2017 $48,960 Advertising expense $1,840 Dividends during 2017 5,100 Rent
The following information relates to Marin Inc. for the year 2017.
| Retained earnings, January 1, 2017 | $48,960 | Advertising expense | $1,840 | |||
| Dividends during 2017 | 5,100 | Rent expense | 10,610 | |||
| Service revenue | 63,750 | Utilities expense | 3,160 | |||
| Salaries and wages expense | 28,560 | Other comprehensive income (net of tax) | 410 |
After analyzing the data, compute net income.
| Net income / (loss)= |
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Contemporary Auditing
Authors: Knapp, Rittenberg
1st Edition
1133731244, 978-1133731245
