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The company paid $2,500 cash to rent office space for the month of March. The company received $21,000 cash for repair services provided during March.
The company paid $2,500 cash to rent office space for the month of March. The company received $21,000 cash for repair services provided during March. The company paid $6,700 for salaries for the month of March. The company provided $3,500 of services to customers on account. The company paid cash of $1,000 for utilities for the month of March. The company received $3,600 cash in advance from a customer for repair services to be provided in April. The company purchased $5,500 of land for cash. Based on this information, net income for March would be
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