What 2 reasons from the options shown here might mean a transaction needs to be excluded in bank feeds? (Select all that apply) If the downloaded transaction was already recorded and reconciled in QuickBooks Online If the bank downloads the same transaction more than once If the posting date and actual payment date don’t match in the bank feed If bank description doesn’t match the payee name

Tri fecta, a partnership, had revenues of $369,000 in its first year of operations. the partnership has not collected on $45,000 of its sales and still owes $39,500 on $155,000 of merchandise it purchased. there was no inventory on hand at the end of the year. the partnership paid $27,000 in salaries. the partners invested $48,000 in the business and $23,000 was borrowed on a five-year note. the partnership paid $2,070 in interest that was the amount owed for the year and paid $9,500 for a two-year insurance policy on the first day of business. compute net income for the first year for tri fecta.