Annapolis Corporation’s trial balance included debits to expense accounts of $125,000, credits to revenue accounts of $234,000, and debits to the Dividends account of $50,000.
Annapolis
Corporation’s trial balance included debits to expense accounts of $125,000, credits to revenue accounts of $234,000, and debits to the Dividends account of $50,000. Based on this information, what is the amount of the company’s net income or loss. Enter a loss as a negative number.
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