Multiple Choice
What is X-cel Company's net income or net loss if it had Revenue of $1,800,Salary Expense of $500,Utility Expense of $250,and Withdrawals of $5,000 during October?
A) $50 net income
B) $1,050 net loss
C) $1,050 net income
D) $50 net loss
Correct Answer:
Verified
Correct Answer:
Verified
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