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25 September, 20:13

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?

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  1. 25 September, 20:34
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    1800 - 500 - 250 = 1050

    the withdrawal does not count against income.
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