The following table contains financial information for Dillon Incorporated before closing entries: Cash Supplies Prepaid Rent...

  

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The following table contains financial information for Dillon Incorporated before closing entries: Cash Supplies Prepaid Rent Salaries Expense Equipment Service Revenue Miscellaneous Expense Dividends Accounts Payable Common Stock $ 12,300 6,400 2,100 5,700 66,700 29,700 20,700 4,100 4,700 66,600 (8 Retained Earnings What is Dillon's net income? 17,000 The following table contains financial information for Dillon Incorporated before closing entries: Cash Supplies Prepaid Rent Salaries Expense Equipment Service Revenue Miscellaneous Expense Dividends Accounts Payable Common Stock $ 12,300 6,400 2,100 5,700 66,700 29,700 20,700 4,100 4,700 66,600 (8 Retained Earnings What is Dillon's net income? 17,000

Answer rating: 100% (QA)

To determine Dillons net income we need to calculate the difference between total revenu... View the full answer