Solved: Determine toni penas net income from deer park for 2012 and, Accounting Basics

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Determine toni penas net income from deer park for 2012 and

Toni Pena is the sole owner of Deer Park, a public camping ground near the Lake Mead National Recreation Area. Toni has compiled the following financial information as of December 31, 2012

470_Determine Toni Penas net income.PNG

Instructions

(a) Determine Toni Penas net income from Deer Park for 2012.

(b) Prepare a balance sheet for Deer Park as of December 31,2012.

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Accounting Basics: Determine toni penas net income from deer park for 2012 and

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Accounting Basics: Determine toni penas net income from deer park for 2012 and

Reference No:- TGS0796375

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