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Springer Corporation had the following transactions in August: Earned $3,000 of revenues on account; collected $4,000 from a customer for services provided last month; incurred $400 of repair expense and paid cash; paid $300 for rent that it owed from the previous month. What is the net income in August?
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Springer Corporation had the following transactions in August: Earned $3,000 of revenues on account;...
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