Question: during the month of MArch Weimar Word a tax preparation service had the following transactions: Billed 396800 in revenues on credit. received 131200 from customers'

during the month of MArch Weimar Word a tax preparation service had the following transactions: Billed 396800 in revenues on credit. received 131200 from customers' account receivable. Incurred expenses of 155200 but only paid 70160 cash for these expenses. Prepaid 25776 for computer services to be used next month. What was the company's accrual basis net income for the month

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