During august of 2018, baxter's supply store generated revenues of $60,000. the company's expenses were as follows: cost of goods sold of $36,000 and operating expenses of $4,000. the company also had rent revenue of $1,000 and a gain on the sale of a delivery truck of $2,000. baxter's "nonoperating income" for the month of august is
a. $0
b. $2,000
c. $1,000
d. $3,000
Answers: 2
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During august of 2018, baxter's supply store generated revenues of $60,000. the company's expenses w...
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