Money serves all of the following functions except

Jenury 1,2014. All the end of the first quarter (three months) of is acivities as shown in the first row of the following ng en Cmpanye oeind or wth tiens given in tis tabulation, enter what you consider the correct amounts. to be deducted and losses/outflows should be Computation of Income Cash of Tr Service pertormed for customers, $70000, of which $27000 remained 70,00043,000 end of the quarter (14,500) ose, borrowed from the loc al bank, S58000 (one-year note). Smal service truck purchased at the end of the quarter to be used in the business for two years starting the next quarter: cost, $9900 cash. Wages eamed by employees,$21600, of which one-half remained unpaid 9,900) (10,800) 4,720) (32,600) dat the end of the quarter Service supplies purchased for use in the business, $4720 cash, of which 1980 were unused (still on hand) at the end of the quarter Other operating expenses, $39000, of which $6400 remained unpaid at the and of the quarter Based only on these transactions, compute the following for the quarter: noome (or loss) Cash inflow (or outflow) 40,480