Question: 39. Using the following information for a periodic inventory system, what is the amount of income from operations? 15 Purchases $32,000 Selling expense $
39. Using the following information for a periodic inventory system, what is the amount of income from operations? 15 Purchases $32,000 Selling expense $ 960 luventory, Sep 01 5,700 e luventory, Sep 30 6370 Administrative expense 910 Sales 63,000 Rent revenue 1,200 Interest expense 1,040 a $31,670 b. $29,960 c. $28,760 d. $29,800
Step by Step Solution
3.45 Rating (142 Votes )
There are 3 Steps involved in it
Answer 29960 Under Periodic inventory system Income from Operation ... View full answer
Get step-by-step solutions from verified subject matter experts
