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jek_recluse [69]
3 years ago
11

The following accounts were taken from the Adjusted Trial Balance columns of the end-of-period spreadsheet: Accumulated Deprecia

tion $ 3,200 Fees Earned 17,400 Depreciation Expense 1,300 Insurance Expense 400 Prepaid Insurance 4,800 Supplies 900 Supplies Expense 3,800 Net income for the period is _________.A. $3,200 B. $12,100 C. $17,400D. $8,900
Business
1 answer:
ludmilkaskok [199]3 years ago
3 0

Answer:

all the given figures are wrong but i explained the correct procedure.

Explanation:

INCOME STATEMENT

Fees earned                            17400

Expenses:  

Depreciation expense      1300  

Insurance expense      400  

Supplies expense              3800     5500

Net Income                               11900

Therefore, The Net income for the period is $11900.

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A local coffee shop is known for poor customer service and an unclean, dirty environment. These factors would be classified as _
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Answer: Weakness

Explanation:

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The local coffee shop has weaknesses of poor customer service and dirty environment which can be identified in a SWOT analysis.

7 0
3 years ago
Hayes Corporation has $300 million of common equity on its balance sheet and 6 million shares of common stock outstanding. The c
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Answer: $77

Explanation:

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6 0
3 years ago
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<h3>what is the EMI process?</h3>

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For more information about long-term credit purchase refer to the link:

brainly.com/question/17211939

4 0
2 years ago
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7 0
3 years ago
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