Employees of a discoun - Study guides, Class notes & Summaries
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Teas math practice tests Questions With Complete Answers
- Exam (elaborations) • 26 pages • 2023
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Teas math practice tests Questions With Complete Answers
![ACCT 2401 ALL ONLINE TEST ACCOUTING QUESTIONS AND ANSWERS AVAILABLE 2022-2023](/docpics/6426f8fa1fc03_2539091.jpg)
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ACCT 2401 ALL ONLINE TEST ACCOUTING QUESTIONS AND ANSWERS AVAILABLE 2022-2023
- Exam (elaborations) • 58 pages • 2023
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ACCT 2401 
ALL ONLINE TEST ACCOUTING 
QUESTIONS AND ANSWERS AVAILABLE 
2022-2023 
 
• 
If total sales is $90000, office expenses is $30000 and rent expense is $15000, profit or loss is which of the following? 
Selected	 
Answer:	$45000 profit 
Answers:	 
$45000 profit 
$45000 loss 
$75000 loss 
$75000 profit 
Feedback: Profit equals $45000 = ($90000 – $30000 – $15000). Learning Objective 2.3 ~ outline the basic financial statements used in business to report to users for decision-making ...
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