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The following pre-closing accounts and balances were drawn from the records of Carolina Company on December 31 , Year 1 : What is net income

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The following pre-closing accounts and balances were drawn from the records of Carolina Company on December 31 , Year 1 : What is net income that will be shown on Carolina's Year 1 income statement? Multiple Choice $600 $900 $400 $1,500 The following pre-closing accounts and balances were drawn from the records of Carolina Company on December 31, Year 1: What is net income that will be shown on Carolina's Year 1 income statement? Multiple Choice $2,200 $3,200 $1,000 $200 The following pre-closing accounts and balances were drawn from the records of Carolina Company on December 31 , Year 1 : Multiple Choice $12,600 $13,800 57200 $10,600 The following pre-closing accounts and balances were drawn from the records of Carolina Company on December 31 , Year 1: What is the amount of total assets on Carolina's December 31, Year 1 balance sheet? Multiple Choice $6,500 55,900 $8,100 $8,400

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