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Determine the net income for the period was

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Problem 1: Revenue on account amounted to $6,000. Cash collections of accounts receivable amounted to $3,800. Expenses for the period were $3,100. The company paid dividends of $950. Net income for the period was

A. $700
B. $2,900
C. $1,950
D. $2,850

Reference no: EM132954433

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