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Revenue on account amounted to $3,000. Cash collections of accounts receivable amounted to $2,700. Cash paid for expenses amounted to $2,500. Net Income is: Multiple
Revenue on account amounted to $3,000. Cash collections of accounts receivable amounted to $2,700. Cash paid for expenses amounted to $2,500. Net Income is: Multiple Choice $200 $300 $500 None of the above
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