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Fundamental Accounting Principles
?
If revenues for the accounting period total $5,000, and the expenses total $1,000, then the net income (loss) must total
$6,000
$4,000
($6,000)
($4,000)
Show Result
Correct
- Your answer is correct.
Wrong
- Your answer is wrong.
Detailed Answer
Correct answer: (B)
$4,000
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