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majestico majestico
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Posts: 1455
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7 years ago
The photography department in a department store experienced the following revenue and expenses during October:

Sales   $6,500
Cost of Goods Sold   2,000
Direct Operating Expenses   200
Indirect Operating Expenses   800

The photography departmental net income is:
A) $6,500.
B) $2,200.
C) $3,700.
D) $3,500.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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keytwokeytwo
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Posts: 710
7 years ago
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majestico Author
wrote...
7 years ago
This is excellent. Excellent answer
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