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Question 15 Answer saved Marked out of 1.00 P Flag question During the month of March, Weimar World, a tax-preparation service, had the following transactions.
Question 15 Answer saved Marked out of 1.00 P Flag question During the month of March, Weimar World, a tax-preparation service, had the following transactions. Billed $396,800 in revenues on credit Received $131,200 from customers' accounts receivable Incurred expenses of $155,200 but only paid $70,160 cash for these expenses Prepaid $25,776 for computer services to be used next month What was the company's accrual basis net income for the month? Select one: a. $326,640 o b. None of these are correct C. $44,384 d. $241,600 e. $215,824
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