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Stephanie Winter operates a design firm called Winter Design, which began operations on August 1. On August 31, the company's records show the following accounts
Stephanie Winter operates a design firm called Winter Design, which began operations on August 1. On August 31, the company's records show the following accounts and amounts for the month of August. What is Winter Design's net income for the month of August? Cash Accounts receivable Office supplies Land Office equipment Accounts payable $ 25,360 S. Winter, Withdrawals 22,360 Consulting fee revenue 5,250 Rent expense 44,000 Salaries expense 20,000 Telephone expense 10,500 Miscellaneous expenses $ 6,000 27,000 9,550 5,600 860 520 1) $10,470. 2) $27,000 3) $32,830 4) $49.360
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