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7 years ago
Closing entries included debits to revenues for a total of $5,000, credits to expenses for a total of $3,000, and a credit to dividends for $1,000. The net income for the month was:
A) $1,000.
B) $2,000.
C) $3,000.
D) $4,000.
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Financial Accounting

Financial Accounting


Edition: 3rd
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Massachusetts Institute of Technology
-- Accounting

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tivo Author
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#2
7 years ago
Thank you for helping me with my accounting homework, will ask again
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