Corporation began the year with cash of $ 152 comma 000 and land that cost $ 24 comma 800. During the year Parker earned service revenue of $ 270 comma 000 and had the following expenses: salaries, $ 158 comma 000 ; rent, $ 89 comma 000 ; and utilities, $ 22 comma 000. At year-end Parker 's cash balance was down to $ 15 comma 000. How much net income (or net loss) did Parker experience for the year?
+5
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Corporation began the year with cash of $ 152 comma 000 and land that cost $ 24 comma 800. During the year Parker earned service revenue of ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Home » Business » Corporation began the year with cash of $ 152 comma 000 and land that cost $ 24 comma 800. During the year Parker earned service revenue of $ 270 comma 000 and had the following expenses: salaries, $ 158 comma 000 ; rent, $ 89 comma 000 ;