Business
Business, 26.05.2021 23:10, pwolfiimp4

eff Jackson opened Jackson's Repairs on March 1 of the current year. During March, the following transactions occurred: Jackson invested $27,000 cash in the business in exchange for common stock. Jackson contributed $102,000 of equipment to the business. The company paid $2,200 cash to rent office space for the month of March. The company received $18,000 cash for repair services provided during March. The company paid $6,400 for salaries for the month of March. The company provided $3,200 of services to customers on account. The company paid cash of $700 for utilities for the month of March. The company received $3,300 cash in advance from a customer for repair services to be provided in April. The company paid $5,200 in cash dividends. Based on this information, net income for March would be:

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eff Jackson opened Jackson's Repairs on March 1 of the current year. During March, the following tra...

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