Accounting Information Systems 9th Edition
Accounting Information Systems 9th Edition
9th Edition
ISBN: 9781305756700
Author: Hall
Publisher: CENGAGE C
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Chapter 12, Problem 4MCQ
To determine

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Please solve this General accounting questions step by step
Bridgewater General Store generated revenues of $92,000 during October. The company's expenses were as follows: cost of goods sold of $54,000 and operating expenses of $8,500. The company also had rent revenue of $3,200 and a gain on the sale of store fixtures of $2,800. Bridgewater's net income for October is: a. $29,500 b. $35,500 c. $37,700 d. $38,000
Please help me solve this accounting question using the right financial principles.
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