Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN: 9781947172609
Author: OpenStax
Publisher: OpenStax College
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Urban Health Services operates diagnostic
imaging clinics across the Midwest. At the end
of the current period, the company reports the
following amounts:
Assets
$62,000
Liabilities $35,000
Dividends $4,000
Revenues
$18,000
Expenses
$11,000
Required:
Calculate the net income.
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Transcribed Image Text:Urban Health Services operates diagnostic imaging clinics across the Midwest. At the end of the current period, the company reports the following amounts: Assets $62,000 Liabilities $35,000 Dividends $4,000 Revenues $18,000 Expenses $11,000 Required: Calculate the net income.
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