B ped Brig Company had $836,000 in sales, sales discounts of $12,540, sales returns and allowances of $18,810, cost of goods sold of $397,100, and $287,585 in operating expenses. Net income equals: Multiple Choice O O $804,650. $151,315. $407,550. $119,965. $182,665.

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter6: Merchandising Transactions
Section: Chapter Questions
Problem 22Q: The following is select account information for August Sundries. Sales: $850,360; Sales Returns and...
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B
ped
Brig Company had $836,000 in sales, sales discounts of $12,540, sales returns and allowances of $18,810, cost of goods sold of $397,100, and $287,585
in operating expenses. Net income equals:
Multiple Choice
O
O
$804,650.
$151,315.
$407,550.
$119,965.
$182,665.
Transcribed Image Text:B ped Brig Company had $836,000 in sales, sales discounts of $12,540, sales returns and allowances of $18,810, cost of goods sold of $397,100, and $287,585 in operating expenses. Net income equals: Multiple Choice O O $804,650. $151,315. $407,550. $119,965. $182,665.
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