Homework Answers
Option D - $28,000
Explanation:
Company's Net Income = Total sales - Expenses during the month
= (credit sales + cash sales) - (wages + utilities)
= ($33,000 + $25,000) - ($22,000 + $8,000)
= $58,000 - $30,000
= $28,000
Therefore, Net Income = $28,000
Answer is option D - $28,000
Add Answer to:
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