Answered: Logan provided consulting services and…

Logan provided consulting services and earned $150,000. His total expenses were 35%. What is his net income? a. $97,500 b. $150,000 c. $52,500 d. $185,000

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter2: T Accounts, Debits And Credits, Trial Balance, And Financial Statements

Section: Chapter Questions

Problem 6QY: What would be the net income for Floress Catering? a. 45,500 b. 16,800 c. 19,800 d. 10,800

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General Accounting Question

Logan provided consulting services and earned $150,000. His
total expenses were 35%. What is his net income?
a. $97,500
b. $150,000
c. $52,500
d. $185,000

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