Use the following information for questions
EI Greco Corporation began operations on January 1, 2011.Presented below is selected information related to EI Greco at December 31, 2011.
-Net income (loss) reported on the income statement for the month of December is

Question

Use the following information for questions 
EI Greco Corporation began operations on January 1, 2011.Presented below is selected information related to EI Greco at December 31, 2011. 
-Net income (loss) reported on the income statement for the month of December is

Quizplus · Accepted Answer

The net income (loss) reported on the income statement is € 126,000, as it is the highest positive value among the given options, indicating a profit rather than a loss.

Use the Following Information for Questions