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Senives Revenwe 33. Gindale Company had the following transactions in August: Earned $5,000 of revenues on account collocted $2,000 from a customer for services provided
Senives Revenwe 33. Gindale Company had the following transactions in August: Earned $5,000 of revenues on account collocted $2,000 from a customer for services provided last month; incurred $500 of repair expense and paid cash paid $300 for rent that it owed from the previous month What is the net income in August? Please show your work SS (5000+ 2.0ool rsor +2,00) A) $500 B) $2,000 $6,500 D) $4,500 1,200 34. Following is a list of account balances of Suburban Lawn Services as of December 31 of the first year of operation Accounts Receivable Accounts Payable Salaries Expense Repairs Expense Truck Equipment Notes Payable Cash Supplies Expense Service Revenue Gasoline Expense Dawahle $5,000 7,000 4,000 900 10,000 12,000 8,100 7,200 1,100 2.000
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