During June, Home Hardware made sales of $ 49700 and ended the month with inventories totaling $9600.

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During June, Home Hardware made sales of $ 49700 and ended the month with inventories totaling $9600. Cost of goods sold was $ 19800. Total operating expenses were $ 6600.How much net income did Home Hardware earn for the month?

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Intermediate Accounting

ISBN: 978-1119048541

11th Canadian edition Volume 2

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy

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Posted Date: Apr 19, 2024 01:05 AM

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During June, Home Hardware made sales of $ 49700 and ended the month with inventories totaling $9600.

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Intermediate Accounting

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