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    Business
  3. Study Set
    Contemporary Accounting
  4. Exam
    Exam 6: Presentation of Financial Performance and the Worksheet
  5. Question
    Cisco Company Has the Following Account Balances in Its Accounting
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Cisco Company Has the Following Account Balances in Its Accounting

Question 16

Question 16

Multiple Choice

Cisco Company has the following account balances in its accounting system at year end: Cisco Company has the following account balances in its accounting system at year end:   The net profit (or loss)  for the period is: A)  $52 000 B)  ($28 000)  C)  $12 000 D)  $4000 The net profit (or loss) for the period is:


A) $52 000
B) ($28 000)
C) $12 000
D) $4000

Correct Answer:

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