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Revenue on account amounted to $4,600. Cash collections of accounts receivable amounted to $2,750. Expenses for the period were $2,400. The company paid dividends of $600. What …
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Revenue on account amounted to $4,600. Cash collections of accounts receivable amounted to $2,750. Expenses for the period were $2,400. The company paid dividends of $600. What …
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Apr 24, 2023
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Revenue on account amounted to $4,600. Cash collections of accounts receivable amounted to $2,750. Expenses for the period were $2,400. The company paid dividends of $600. What was the amount of net income for the period
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Answer:
Net income = Revenue - Expenses
4600-2400=2200
Stefan Jaspers
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Apr 28, 2023
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