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    Introduction to Management Accounting
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    Exam 15: Basic Accounting: Concepts, techniques, and Conventions
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    San Bernadino Company Opened for Business on April 1
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San Bernadino Company Opened for Business on April 1

Question 27

Question 27

Multiple Choice

San Bernadino Company opened for business on April 1.Given below is the activity of the company for the month of April. San Bernadino Company opened for business on April 1.Given below is the activity of the company for the month of April.   Under accrual basis accounting,what is the net income for the month of April? A) $8,000 B) $12,000 C) $18,000 D) $22,000 Under accrual basis accounting,what is the net income for the month of April?


A) $8,000
B) $12,000
C) $18,000
D) $22,000

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