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Author Question: The total revenue of the month of June amounted to 7,500; total expenses amounted to 3,500; and ... (Read 59 times)

joe

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on: Jul 5, 2018
The total revenue of the month of June amounted to 7,500; total expenses amounted to 3,500; and withdrawals amounted to 600 . The net income for the month amounted to
 a. 7,500.
   b. 3,400.
   c. 4,000.
   d. 3,500.

Question 2

Adjusting journal entries must be recorded prior to preparing an unadjusted trial balance.
 
  Indicate whether the statement is true or false


Ksh22

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Reply #1 on: Jul 5, 2018
Answer to Question 1

c

Answer to Question 2

FALSE


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