Fun Movie Productions Inc
El-lOA. Changes in net income. For each of the following transactions, determine if there is an increase, decrease, or no change on net income for Fun Movie Productions Inc. (LO 4)
a.   Fun Movie earned $10,000 in monthly  sales.
b.   The firm recorded a decrease in inventory of $6,000 due to the monthly  sales.
c.   The company paid current month's rent of  $1,500.
d.   The company paid employees $2,500 for work done in the current  month.
e.   The company purchased land for $7,500.
f.   Fun Movie invested $4,000 in another company's  stock.
g.    The firm paid $1,000 in cash  dividends.
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Posted 23 Aug 2017 10:08 PM
My Price 5.00
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