What is the cash basis income for august

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Reference no: EM133494886

Question: Mike Inc. had the following transactions during August:

Aug 1 Purchased insurance for September through December $2000

Aug 4 Purchased software for cash $750

Aug 5 Performed services and received cash $10000

Aug 8 Paid advertising expense $600

Aug 11 Performed services on account $3400

Aug 19 Purchased computer on account $2500

What is the cash basis income for August?

Reference no: EM133494886

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