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Seved Melody's Piano School operations for the month of May were limited to the following transactions: Provided $1,150 of plano lessons to students who paid
Seved Melody's Piano School operations for the month of May were limited to the following transactions: Provided $1,150 of plano lessons to students who paid in cash. Provided $900 of piano lessons on account . Collected $675 from students who took piano lessons during April. Paid April's plano rental bill of $500. Received May's plano rental bill of $550 and set it aside for payment in June. Assuming the company uses accrual basis accounting, what is not income for May? Multiple Choice $2.075 0 $675 $1.500 COM MacBook Pro G Search or type URL R 2 C 9 3 96 5 4 8 7 6 8 W E R T Y U 0 S F. G H J L X V B NM
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