Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. current attempt in progress during august, 2022,

Current Attempt in Progress During August, 2022, Swifty's Supply Store generated revenues of $59100....

70.2K

Verified Solution

Question

Accounting

Current Attempt in Progress
During August, 2022, Swifty's Supply Store generated revenues of $59100. The company's expenses were as follows: cost of goods sold of $35100 and operating expenses of $4300. The company also had rent revenue of $1200 and a loss on the sale of a delivery truck of $1900.
Swifty's income (loss) from non-operating activities for the month of August, 2022 is
$(1900).
$(700).
$1200.
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Medical Sciences
1.2K views

prevents \"non-self\" materials from entering neurons of brain

Chemistry
1.2K views

cisplatin(or cis- diamminedichloroplatinum(II) is an anticancer drug. The trans isomer, however has no effect. how does...

Geometry
1.2K views

Which angles are adjacent angles H LL F E DGE G B D DGE C...

Calculus
1.2K views

Convert as indicated 99 kg to lb Click the icon to view the equivalent measures...

Algebra
1.2K views

Given the equation of the sphere x 2 y 3 z 1 2 What are...

Algebra
1.2K views

ite a general formula to describe the variation e square of T varies directly with...

Accounting
1.2K views

Beginning inventory, purchases, and sales for Item 88-HX are as follows: Mar. 1 Inventory 102...

Accounting
1.2K views

The city of Larrisa recently opened a solid waste landfill to serve the area's citizens...

Accounting
1.2K views

Is the quality control function (defined here as the inspections process to ensure a product...

Accounting
1.2K views

On May 11, Smythe Co. accepts delivery of $26,000 of merchandise it purchases for resale...

Finance
1.2K views

Priyanka is retiring in 16 years, and wants to save some money. She will make...

Accounting
1.2K views

Reporting Stockholders' Equity On December 31, Nakoma Inc. had the following account balances