Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN: 9781337115773
Author: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher: Cengage Learning
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Listed below are the following August 31, 2021 accounts and information for the Moses Bosco Company. Use this data to calculate the ending net income balance.
Accounts payable $ 1,100 Dividends $ 3,000
Buildings 63,000 Supplies 1,400
Cash 18,600 Notes payable 3,300
Service revenue 25,700 Rent expense 3,400
Common stock 52,000 Salaries and wages expense 12,000
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