x Company started business on April 1 and prepares monthly financial statements. In April, the company received $43,000 from a group of investors, bought $8,127 of merchandise, $4,842 on account and $3,285 for cash, sold merchandise for $40,700, of which $36,617 were for cash and $4,083 were on account; the cost of the merchandise that was sold was $22,792, paid $3,127 to suppliers for merchandise previously bought on account, collected $2,937 from customers on account, and paid expenses totalling $9,397. 4. What were total assets on April 307 Submit Answer Thes 0/3 5. What was Net Income in April Submit Answer Tries 3