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    Financial Accounting Study Set 1
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    Exam 4: Record-Keeping
  5. Question
    The Following Accounts Were Taken from the Trial Balance
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The Following Accounts Were Taken from the Trial Balance

Question 4

Question 4

Multiple Choice

The following accounts were taken from the trial balance: The following accounts were taken from the trial balance:   Net profit for the period is: A)  $10 000. B)  $11 000. C)  $12 000. D)  $12 500. Net profit for the period is:


A) $10 000.
B) $11 000.
C) $12 000.
D) $12 500.

Correct Answer:

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