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Compute net income for May based on the following transactions: May 1 paid $2,800 for May's rent. May 14 paid $1,800 for two weeks
Compute net income for May based on the following transactions: May 1 paid $2,800 for May's rent. May 14 paid $1,800 for two weeks wages. May 15 performed $5,800 in consulting service on account. May 17 billed a customer $2,100 for services performed May 16. May 20 received $5,800 in payment for May 15 transaction. May 22 performed services and immediately collected $2,600. paid $1,100 for advertising in the local paper to take place in May 31 June.
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