A Company Completed the Following Transactions During the Month of October

question 32

Multiple Choice

A company completed the following transactions during the month of October: I.Purchased office supplies on account,$4,000.
V.Paid the monthly rent of $13,000.
What was the company's net income for the month?

• A)$12,000
• B)$19,000
• C)$32,000
• D)$45,000

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