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STatiana [176]
3 years ago
7

MC Qu. 1-130 A company's financial records at the end.

Business
1 answer:
andrew11 [14]3 years ago
4 0

Answer:

$15,750

Explanation:

The computation of the net income is shown below:

Net income = Service revenue - wages expense - advertising expense - rent expense

= $43,250 - $9,500 - $6,500 - $11,500

= $15,750

We simply deduct all the expenses incurred from the service revenue so that the net income could come and the same is shown above i.e in the computation part

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