What Is X-Cel Company's Net Income or Net Loss If

question 73

Multiple Choice

What is X-cel Company's net income or net loss if it had Revenue of $2,200, Salary Expense of $700, Utility Expense of $350, and Withdrawals of $3,000 during October?

• A) $1,850 net income
• B) $1,150 net loss
• C) $1,150 net income
• D) $1,850 net loss

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