ABC Company had the following account balances: Sales revenue Cost of goods sold Administrative expense Dividend...

  

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ABC Company had the following account balances: Sales revenue Cost of goods sold Administrative expense Dividend revenue Interest expense Sales returns Selling expense $100,000 40,000 5,000 5,000 1,000 10,000 15,000 What amount would ABC report as income from operations in its income statement? OA $35,000 OB. $34,000 OC.$30,000 OD. $45,000 ABC Company had the following account balances: Sales revenue Cost of goods sold Administrative expense Dividend revenue Interest expense Sales returns Selling expense $100,000 40,000 5,000 5,000 1,000 10,000 15,000 What amount would ABC report as income from operations in its income statement? OA $35,000 OB. $34,000 OC.$30,000 OD. $45,000

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ABC Company Income from Operations Sales Revenue 100000 Sales Returns 10000 Net Sales 90000 Cost of ... View the full answer