Cash =$10,000,Contributed Capital =$35,000 Beginning Retained Earnings =$11,000, Dividends =$8,000 Revenues =$55,000, Accounts Payable =$15,000 Equipment =$40,000,

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Cash =$10,000,Contributed Capital =$35,000

Beginning Retained Earnings =$11,000, Dividends =$8,000

Revenues =$55,000, Accounts Payable =$15,000

Equipment =$40,000, Expenses =$33,000

What is the net income value of above statements?

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Advanced Accounting

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Cash =$10,000,Contributed Capital =$35,000 Beginning Retained Earnings =$11,000, Dividends =$8,000 Revenues =$55,000, Accounts Payable =$15,000 Equipment =$40,000,

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Expert Answer:

To calculate the net income we can use the following form... View the full answer

Advanced Accounting

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