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A company has $4,500 in its Revenue account at the end of a period. The expenses are as follows: Rent, $750; Utilities, $150; Salaries, $2,400; Insurance, $225. The net income (loss) for the period is Question 9 options: $3,600. ($2,100). $975. ($1,425).

Respuesta :

If you take the $4,500 that is in the account and subtract all of the expenses there is a $975 balance in the account. Meaning that there was a net income of $975 at the end of the period.

Answer:

975

Step-by-step explanation:

subract nall expespences from the total revenue

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