Elizabeth Oneill

Mathematics

16 July, 10:33

Beginning and ending inventories for Webster's Books are $9,000 and $6,000, respectively. The debit amounts (not including Income Summary) in the income statement columns of the worksheet total $14,000, and the credit amounts (not including Income Summary) total $15,500. The firm has a

Question options:

A) net income of $3,000.

B) net loss of $3,000.

C) net income of $1,500.

D) net loss of $1,500.