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A company completed the following transactions during the month of October: I.Purchased office supplies on account, $4400. II.Provided services for cash, $22,000. III.Provided services on
A company completed the following transactions during the month of October:
I.Purchased office supplies on account, $4400.
II.Provided services for cash, $22,000.
III.Provided services on account, $13,000.
IV.Collected cash from a customer on account, $8800.
V.Paid the monthly rent of $16,000.
What was the company's net income for the month?
$13,000 |
$51,000 |
$19,000 |
$35,000 |
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