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On June 28, Bronnies provided consulting services to Maisie Company. Bronnies billed Maisie on July 2 for $800 related to these services. On July 5,
On June 28, Bronnies provided consulting services to Maisie Company. Bronnies billed Maisie on July 2 for $800 related to these services. On July 5, Maisie paid the invoice in full. Bronnies only cost related to this sale was $250 in Salaries Expense. Bronnies paid the salaries on July 3. Assuming Bronnies Company has a June 30 year end, the companys profit for the Maisies job on the June 30 financial statements should be
a)$800
b) $550.
c) $250.
d)0.
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