Homework Answers
| Comuptation of net income | |
| Revenue | |
| Repair Services | 18000 |
| Services On Account | 3200 |
| 21200 | |
| Less: | |
| Expenses | |
| Rent | 2200 |
| Salaries | 6400 |
| Utilities | 700 |
| 9300 | |
| Net Income | 11900 |
| Correct Option: FIRST |
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