Determine the Net Income of a Company for Which the Following

question 225

Multiple Choice

Determine the net income of a company for which the following information is available for the month of September.
Service revenue......................... $300,000
Rent expense............................. 48,000
Utilities expense........................ 3,200
Salaries expense........................ 81,000

• A) $263,800.
• B) $432,200.
• C) $171,000.
• D) $167,800.
• E) $252,000.

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