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Computing net income or net loss

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Question - Computing net income or net loss - Technology World had the following revenue and expenses during the month ended July 31.

Fees for computer repairs $36,100

Advertising expense 4,600

Salaries expense 17,400

Telephone expense 1,500

Fees for printer repairs 4,850

Utilities expense 750

Required - Did the firm earn a net income or incur a net loss for the period? What was the amount?

Reference no: EM133122596

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