On December 31, 2015, Juan Foods purchases a van for $12,000. How does the purchase of the van affect Juan Foods' 2015 income statement?

asked Jan 14, 2024 173k views

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Answer:

It affects the income because you have to take out of the income to buy the van so your income is less.

Explanation:

Sumit Trehan answered Jan 19, 2024

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