The following events affected Hadley Company during the 2019 accounting period 1. Purchased merchandise on...
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Accounting
The following events affected Hadley Company during the 2019 accounting period 1. Purchased merchandise on account that cost $5839. 2 The goods in Event 1 were purchased FOB shipping point with freight cost of $155 cash 3. Sold merchandise that cost S3877 for $11606 cash 4 Delivered merchandise to customers in Event 3 under terms FOB destination with freight costs amounting to $236 cash What is the net income generated by these transactions
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