Answer :
Answer:
Explanation:
Net income (loss) for the period
Fees Earned 8,750
Less Expenses:
Wages Expense 2,500
Rent Expense 1,960
Utilities Expense 775
Depreciation Expense 250
Miscellaneous Expense 85
Total expenses 5,570
NET Income 3,180
Answer:
Explanation:
Net income (loss) for the period
Fees Earned 8,750
Less Expenses:
Wages Expense 2,500
Rent Expense 1,960
Utilities Expense 775
Depreciation Expense 250
Miscellaneous Expense 85
Total expenses 5,570
NET Income 3,180