For each independent situation below, calculate the missing values. No. Revenues Expenses Gains Losses Net income/Loss 1
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Question:
For each independent situation below, calculate the missing values.
No. | Revenues | Expenses | Gains | Losses | Net income/Loss |
---|---|---|---|---|---|
1 | $1,250 | $1,100 | $125 | $75 | (A) |
2 | (B) | 100,755 | 0 | 1,550 | ($485) |
3 | 75,560 | 68,600 | (C) | 1,675 | 6,485 |
4 | 26,390 | (D) | 320 | 600 | (990) |
5 | 872,300 | 856,995 | 11,000 | (E) | 26,305 |
Related Book For
Principles Of Accounting Volume 1 Financial Accounting
ISBN: 9781593995942
1st Edition
Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax
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