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Using the following information for a periodic inventory system, what is the amount of net income (loss)? Purchases $32,000 Inventory, September 1 5,700 Administrative
Using the following information for a periodic inventory system, what is the amount of net income (loss)? Purchases $32,000 Inventory, September 1 5,700 Administrative expense 910 Rent revenue 1,200 Selling expense $960 Inventory, September 30 6,370 Sales 63,000 Interest expense 1,040 O a. $29,350 Ob. $29,960 c. $28,310 Od. $29,510
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Accounting
Authors: Carl s. warren, James m. reeve, Philip e. fess
21st Edition
978-0324400205, 324225016, 324188005, 324400209, 9780324225013, 978-0324188004
