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Business, 24.10.2019 03:00 zitlays

During the month of march 2017, weimar world, a tax-preparation service, had the following transactions. * billed $496,000 in revenues on credit * received $164,000 from customers' accounts receivable * incurred expenses of $194,000 but only paid $87,700 cash for these expenses * prepaid $32,220 for computer services to be used next month what was the company's accrual basis net income for the month? a. $302,000 b. $264,080 c. $ 41,860 d. $408,300 e. none of the above

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