Multiple Choice
Revenue on account amounted to $4,000. Cash collections of accounts receivable amounted to $2,300. Expenses for the period were $2,100. The company paid dividends of $450. Net income for the period was
A) $200.
B) $1,450.
C) $1,850.
D) $1,900.
Correct Answer:
Verified
Correct Answer:
Verified
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