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Time left On June 1. Sami established a new company. The following transactions were completed during the month 1. Invested $15.000 cash to start the

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Time left On June 1. Sami established a new company. The following transactions were completed during the month 1. Invested $15.000 cash to start the company. 2. Paid S600 cash for June office rent 3. Purchased equipment for $3,000 cash. 4. Incurred 5700 of advertising costs in the Chicago Tribune, on account. 5. Paid 5900 cash for office supplies. 6. Performed services worth $11864: 53,000 cash is received from customers, and the rest is billed to customers on account 7. Withdrew $600 cash for personal use. 8. Paid Chicago Tribune 5500 of the amount due in transaction (4). 9. Paid employees salaries $2.500. 10. Received 54,000 in cash from customers who have previously been billed in transaction (6). Required: compute the net income or net loss for June. a. 8064,00 b. 31264.00 c7464.00 d. 28264.00 orglemod/quitummary phplatte 103 103.cmd=25975 ted.ppt

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