Question: 3. Using the data from the T-accounts, amounts for the following at the end of January of the second year, were: Revenues - Expenses =

3. Using the data from the T-accounts, amounts for the following at the end of January of the second year, were: Revenues - Expenses = Net income Assets Liabilities Stockholders' equity 4. What is net income if Stacey's used the cash basis of accounting? Net income 3. Using the data from the T-accounts, amounts for the following at the end of January of the second year, were: Revenues - Expenses = Net income Assets Liabilities Stockholders' equity 4. What is net income if Stacey's used the cash basis of accounting? Net income

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