Transactions affecting net income for the period


Task: Which of the following transactions affects net income for the period?

1. Cash received from a customer who purchased this period for cash.

2. Cash received from a customer who purchased last period on credit.

3. Cash received on the issuance of common stock.

4. Dividends declared by the board of directors

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Finance Basics: Transactions affecting net income for the period
Reference No:- TGS01811858

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