The following information relates to Sage Hill Inc. for the year 2017. Retained earnings, January 1, 2017
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Retained earnings, January 1, 2017 | $50,880 | Advertising expense | $1,910 |
Dividends during 2017 | 5,300 | Rent expense | 11,020 |
Service revenue | 66,250 | Utilities expense | 3,290 |
Salaries and wages expense | 29,680 | Other comprehensive income (net of tax) | 420 |
After analyzing the data, compute net income.
Net income (loss) |
Related Book For
Canadian Income Taxation planning and decision making
ISBN: 9781259094330
17th edition 2014-2015 version
Authors: Joan Kitunen, William Buckwold
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