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The Quick Stop is a fast food restaurant. During March

The Quick Stop is a fast food restaurant. During March. Quick Stop recorded the following sales to customers and cost of doing business:

Sales to customers                                                                                                           4,400
 
Cost of food products used                                                                                         2,100
 
Cost of rented building and equipment                                                              1,250
 
Cost of employee labor services used                                                                 1,000
 
Maintenance and utilities used                                                                                 600
 
Prepare a schedule that shows the amount of profit (or loss) earned by Quick Stop during March.

Apr 25 2018 View more View Less

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