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2 years ago

8

At the end of its first month of operations, a company reported Revenue of $37,000. It also reported Wages Expense, $6,000; Rent

Expense, $5,000; and Utilities Expense, $1,000. Calculate net income reported on the income statement at month-end.

1 answer:

Alexxx [7]2 years ago

8 0

Net income = Total revenues — Total expenses

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