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    Accounting Study Set 3
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    Exam 2: Financial Statements for Decision Making
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    If the Loss for the Period Is $15 000 and Total
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If the Loss for the Period Is $15 000 and Total

Question 20

Question 20

Multiple Choice

If the loss for the period is $15 000 and total income is $115 000, total expenses for the period are:


A) $100 000.
B) $130 000.
C) $115 000.
D) $145 000.

Correct Answer:

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