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(Solved by Expert Tutors) The Ruess Company began operations on January 1st when its owners invest


available at the end of January: Cost of Goods Sold $28,800, Accounts receivable $2,300, Accounts payable $6,000, Cash $12,500, Inventory $40,800, Notes payable $80,000, Revenue $36,000, Utilities expense $400, Wage expense $9,800 and Dividends $2,200. What is the company?s net income for the month?

 


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Apr 19, 2020

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