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Using the following information, what is the amount of gross profit? Purchases $41,000 Merchandise inventory, September 1 5,700 Selling expense 1,850 Merchandise inventory, September 30
Using the following information, what is the amount of gross profit?
| Purchases | $41,000 |
| Merchandise inventory, September 1 | 5,700 |
| Selling expense | 1,850 |
| Merchandise inventory, September 30 | 6,400 |
| Sales | 94,000 |
| Interest expense | 1,340 |
| Administrative expense | 1,110 |
| Rent revenue | 2,100 |
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Fundamentals Of Accounting
Authors: Claudia Gilbertson
10th Edition
1111581169, 978-1111581169
