Jung Company accepted credit cards in payment for $8,650 of services performed during March, Year 1. The

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Jung Company accepted credit cards in payment for $8,650 of services performed during March, Year 1. The credit card company charged Jung a 4 percent service fee. The credit card company paid Jung as soon as it received the invoices.

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Based on this information alone, what is the amount of net income earned during the month of March?

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Introductory Financial Accounting For Business

ISBN: 9781260575309

2nd Edition

Authors: Thomas Edmonds, Christopher Edmonds, Mark Edmonds, Jennifer Edmonds, Philip Olds

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Question Posted: Jan 01, 2021 01:33 AM

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Jung Company accepted credit cards in payment for $8,650 of services performed during March, Year 1. The

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Introductory Financial Accounting For Business

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