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Hi, I need the following question answered ASAP for MBA 560 Finanial and Managerial accounting, A company completed the following transactions during the month of
Hi, I need the following question answered ASAP for MBA 560 Finanial and Managerial accounting, A company completed the following transactions during the month of October: I. Purchased office supplies on account, $4,000. II. Provided services for cash, $10,000. III. Provided services on account, $12,000. IV. Collected cash from a customer on account $7,000. V. Paid the monthly rent of $3,000.
What was the company's net income for the month?
A. $0 B. $22,000 C. $10,000 D. $19,000
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