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villain villain
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2 months ago

Streif Incorporated, a local retailer, has provided the following data for the month of June:

Merchandise inventory, beginning balance$ 46,000
Merchandise inventory, ending balance$ 52,000
Sales$ 260,000
Purchases of merchandise inventory$ 128,000
Selling expense$ 13,000
Administrative expense$ 40,000

The net operating income for June was:



▸ $132,000

▸ $126,000

▸ $85,000

▸ $79,000
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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bruce2710bruce2710
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2 months ago
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villain Author
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2 months ago
Smart ... Thanks!
tcat
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Yesterday
Thanks
sleinhi
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2 hours ago
Good timing, thanks!
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