During the year,Sand,Inc.had $120,000 in revenues,$48,000 in expenses,and paid $3,600 in dividends.Net income equals:
A) $75,600.
B) $68,400.
C) $120,000.
D) $72,000.
Correct Answer:
Verified
Q23: The financial statement that reports revenues and
Q24: The primary source of revenues and expenses
Q25: Which of the following represents an account
Q26: Which of the following September transactions would
Q27: Which of the following line items appear
Q29: Which of the following is an operating
Q30: Which of the following items is reported
Q31: Income Tax Expense appears on the _,while
Q32: A net loss results when:
A)assets are greater
Q33: Which of the following line items appear
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