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Hamza Bey Corporation started operations this month and had the following transactions: Owners invested $30,000 to start the company Purchased $2,200 of supplies Bought $3,000
Hamza Bey Corporation started operations this month and had the following transactions: Owners invested $30,000 to start the company Purchased $2,200 of supplies Bought $3,000 of equipment on account Received $6,800 for services rendered Paid wages of $4,400 Paid dividends of $100 If the company had $1,300 of supplies at the end of the month, what was the company's net income for the month
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