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QUESTTON 3 1 points S Aggie Pool Guys, Inc. began operations on March 1, 2019 with an investment of $30,000 cash into the business During
QUESTTON 3 1 points S Aggie Pool Guys, Inc. began operations on March 1, 2019 with an investment of $30,000 cash into the business During the month of September, Aggie completed the following additional transactions Mar 2 Aggie borrowed $9,000 from First National Bank and signed an interest-free note for the debt Mar 4 Purchased supplies on credit for $1,000 Mar 8 Repaired a customer's pool and collected the fee of $1,800 Mar 13 Paid the supplier for the supplies received on September 4 Mar 15 Paid employee wages of $800 Mar 18 Repaired a customer's pool and billed, but did not collect $2,200 Mar 21 Collected $1,000 from a customer for a job to be performed in October. Mar 29 Paid rent for the month of September in the amount of $3,000 Mar 30 There were $600 worth of supplies on hand at the end of September. What is the net income or (net loss) for the month of March 2019? A. ($2,400) B. $800 C. ($800) D ($400) E ($200)
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