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The following is a listing of some of the balance sheet accounts and all of the income statement accounts for Northview Company as they appear
The following is a listing of some of the balance sheet accounts and all of the income statement accounts for Northview Company as they appear on the company's adjusted trial balance. Accounts Payable $12,000 Accounts Receivable 22,000 Inventory 22,200 Advertising Expense 17,500 Cost of Goods Sold 133,000 Delivery Expense Income Tax Expense Insurance Expense Rent Expense 7,100 4,000 1,000 16,400 Sales Revenue 270,000 Sales Discounts Sales Returns & Allowances 9,900 35,500 Gross profit would be: The following is a listing of some of the balance sheet accounts and all of the income statement accounts for Northview Company as they appear on the company's adjusted trial balance. Accounts Payable $13,000 Accounts Receivable 23,000 Inventory 22,400 Advertising Expense 18,000 Cost of Goods Sold 137,000 Delivery Expense Income Tax Expense Insurance Expense Rent Expense Sales Revenue Sales Discounts Sales Returns & Allowances Income from Operations would be: 7,200 3,900 1,000. 16,800 280,000 9,800 37,000 The following is a listing of some of the balance sheet accounts and all of the income statement accounts for Northview Company as they appear on the company's adjusted trial balance. Accounts Payable $12,000 Accounts Receivable 22,000 Inventory 22,200 Advertising Expense 17,500 Cost of Goods Sold Delivery Expense Income Tax Expense Insurance Expense Rent Expense 133,000 7,100 4,000 1,000. 16,400 Sales Revenue 270,000 Sales Discounts. 9,900 Sales Returns & Allowances 35,500 Net income would be: The following is a listing of some of the balance sheet accounts and all of the income statement accounts for Northview Company as they appear on the company's adjusted trial balance. Accounts Payable $9,000 Accounts Receivable 19,000 Inventory 21,600 Advertising Expense 16,000 Cost of Goods Sold Delivery Expense Income Tax Expense Insurance Expense Rent Expense 121,000 6,800 3,700 1,000 15,200 Sales Revenue 240,000 Sales Discounts Sales Returns & Allowances The gross profit percentage would be closest to: 10,200 31,000
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