#210 BALJEET Company reported the following information for the year ended December 31, 2020: Service Revenues P4,597,000 Salaries Expense 895,000 Advertising Expense 320,000 Baljeet, Drawings 769,000 Interest Expense 32,900 Depreciation Expense 629,000 Insurance Expense 41,000 Supplies Expense 34,000 Supplies Inventory 5,000 How much is the net income for 2020?
#210 BALJEET Company reported the following information for the year ended December 31, 2020: Service Revenues P4,597,000 Salaries Expense 895,000 Advertising Expense 320,000 Baljeet, Drawings 769,000 Interest Expense 32,900 Depreciation Expense 629,000 Insurance Expense 41,000 Supplies Expense 34,000 Supplies Inventory 5,000 How much is the net income for 2020?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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#210
BALJEET Company reported the following information for the year ended December 31, 2020:
Service Revenues P4,597,000
Salaries Expense 895,000
Advertising Expense 320,000
Baljeet, Drawings 769,000
Interest Expense 32,900
Insurance Expense 41,000
Supplies Expense 34,000
Supplies Inventory 5,000
How much is the net income for 2020?
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