Use the Following Appropriate Amounts to Calculate Net Income: Revenues,$12,000;Liabilities,$5,000;Expenses,$4,000;Assets,$19,000;Dividends,$4,000

question 155

Multiple Choice

Use the following appropriate amounts to calculate net income: Revenues,$12,000;Liabilities,$5,000;Expenses,$4,000;Assets,$19,000;Dividends,$4,000.

• A)$6,000.
• B)$8,000.
• C)$4,000.

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