What is X−cel Company's net income or net loss if it had Revenue of $1,800, Salary Expense of $500, Utility Expense of $250, and Withdrawals of $5,000 during October?

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asked Jun 1, 2019 41.5k views

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What is X−cel Company's net income or net loss if it had Revenue of $1,800, Salary Expense of $500, Utility Expense of $250, and Withdrawals of $5,000 during October?

Mathematics
college

Kelvin Lawrence asked

by Kelvin Lawrence

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1800 -500 -250 = 1050
the withdrawal does not count against income.

ShibbyUK answered Jun 6, 2019

by ShibbyUK

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