The following are the ourrent month's balances for selected acoounts of Sandin Marketing Company Accounts Payable Ravenue S0,000 8,000 Cash 7,660 Expenses 1,100 Fumiture 11,000 Accounts Receivable 12,000 Common Stock 10,250 Notes Payable 4,500 What is the net income tor Sandin Markoting for the ourrent month? OA $6.900 OB. $15,650 OC. S0,100 OD. $8,000 MeA Servoigetcontet wihmertensereom mentnghaMoem t oy m ano thentty me v an brytandae e he tae s em. e rem e soryte fo The andad M OA n OR Ow Oc bere 00 Cre

Financial Accounting
15th Edition
ISBN:9781337272124
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter6: Accounting For Merchandising Businesses
Section: Chapter Questions
Problem 5PA: The following selected accounts and their current balances appear in the ledger of Clairemont Co....
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The following are the ourrent month's balances for selected acoounts of Sandin Marketing Company
Accounts Payable
Ravenue
S0,000
8,000
Cash
7,660
Expenses
1,100
Fumiture
11,000
Accounts Receivable
12,000
Common Stock
10,250
Notes Payable
4,500
What is the net income tor Sandin Markoting for the ourrent month?
OA $6.900
OB. $15,650
OC. S0,100
OD. $8,000
MeA Servoigetcontet wihmertensereom mentnghaMoem
t oy m ano thentty me
v an brytandae e
he tae s em. e rem e soryte
fo The andad
M
OA n
OR Ow
Oc bere
00 Cre
Transcribed Image Text:The following are the ourrent month's balances for selected acoounts of Sandin Marketing Company Accounts Payable Ravenue S0,000 8,000 Cash 7,660 Expenses 1,100 Fumiture 11,000 Accounts Receivable 12,000 Common Stock 10,250 Notes Payable 4,500 What is the net income tor Sandin Markoting for the ourrent month? OA $6.900 OB. $15,650 OC. S0,100 OD. $8,000 MeA Servoigetcontet wihmertensereom mentnghaMoem t oy m ano thentty me v an brytandae e he tae s em. e rem e soryte fo The andad M OA n OR Ow Oc bere 00 Cre
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