Summarized operations for Skysong, Inc, for the month of July are as follows. Revenues recognized:...
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Accounting
Summarized operations for Skysong, Inc, for the month of July are as follows. Revenues recognized: for cash $30,000; on account $71,800. Expenses incurred: for cash $26,100; on account $39,100. Indicate for Skysong, Inc. (a) the total revenues, (b) the total expenses, and (c) net income for the month of July. (a) Total revenues (b) Total expenses $ (c) Net income
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