Jimmy's repair shop started the year with total assests of 30,000 and total liabilities of 240000. during the year the business recieved dividends of 60000. the netincome reported by jimmy's repair shop for the year was?

Jimmy's repair shop started the year with total assests of 30,000 and total liabilities of 240000. during the year the business recieved dividends of 60000. the netincome reported by jimmy's repair shop for the year was?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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