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Business, 13.12.2019 18:31 twingromsretarde

During the second quarter of the year, wallace enterprises received $30,000 from customers in exchange for providing electronic components. during the same time, supplies were $5,000, interest expenses were $1,000, and wages were $15,000. on an income statement, the company would declare which of the following?

a. $16,000 expenses
b. $9,000 net loss
c. $21,000 expenses
d. $30,000 net income

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Answers: 1

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