Question: Suppose a company had the following accounts and balances at

Suppose a company had the following accounts and balances at year end:
Sales revenue .......... $5,400
Interest revenue ......... $1,200
Rent expense .......... $1,240
Other operating expenses ...... $3,050
Dividends paid .......... $1,000
Calculate net income by preparing the income statement for the year.


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  • CreatedSeptember 01, 2014
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