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Springer Corporation had the following transactions in August: Earned $2,000 of revenues on account; collected $6,000 from a customer for services provided last month; incurred
Springer Corporation had the following transactions in August: Earned $2,000 of revenues on account; collected $6,000 from a customer for services provided last month; incurred $500 of repair expense and paid cash; paid $600 for rent that it owed from the previous month. What is the net income in August? O A. $500 O B. $7,500 O c. $1,500 OD. $6,000
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