Net income is the amount by which assets exceed expenses. by which assets exceed liabilitics. by which revenues exceed expenses. the amount revenues exceed dividends and expenses Alpha sold $2,000 of services to Beta on credit. Beta promised to pay for it next month. Beta will report a $2.000 : Accounts Receivable. Accounts Payable. net income. docrease in Cash, since it plans to pay next month. Alpha sold $2,000 of services to Beta on credit. Beta promised to pay for it next month. Alpha will report a $2,000 : net income. decrease in Cash, since it plans to pay next ponth. Accounts Receivable. Accounts Payable. Income from operating activities represenas income generated from gains or losses generated in the sales of company assets like equipment or vehicles, unless the company is in the business of selling equipment and vehicles. True False