Business
Business, 20.09.2020 09:01, vazquezemmy8

On December 31, 2019, The Bates Company's revenue is $340,000 and expenses total $220,000 before consideration of the following: Accrued wages total $16,000; Accrued revenues total $46,000; Depreciation expense is $22,000; Rental revenue of $8,000 was earned; the rent from a tenant was initially recorded by Bates as unearned rent revenue; The income tax rate is 30% of income before income taxes. What is Bates' net income after consideration of the above information

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On December 31, 2019, The Bates Company's revenue is $340,000 and expenses total $220,000 before con...

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