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could someone show me the step by step process please? Joe Jackson opened Jackson's Repairs on March 1 of the current year. During March, the

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could someone show me the step by step process please?

Joe Jackson opened Jackson's Repairs on March 1 of the current year. During March, the following transactions occurred and were recorded in the company's books 1. Jackson invested $34,000 cash in the business 2 Jackson contributed $109.000 of equipment to the business. 3. The company paid S2,900 cash to rent office space for the month of March. 4. The company received $25,000 cash for repair services provided during March. 5. The company paid S7100 for salaries for the month of March. 6. The company provided $3,900 of services to customers on account. 7. The company paid cash of $1,400 for utilities for the month of March. 8. The company received $4,000 cash in advance from a customer for repair services to be provided in April. 9. Jackson withdrew $5,900 for his personal use from the company Based on this information, net income for March would be: Multiple Choice $17500. $22,400 $6,200 $7,500 $22,500

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