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Business, 04.11.2020 18:00 GreenHerbz206
Provided $1,350 of piano lessons to students who paid in cash. Provided $1,060 of piano lessons on account. Collected $795 from students who took piano lessons during April. Paid April’s piano rental bill of $600.Received May’s piano rental bill of $650 and set it aside for payment in June. Assuming the company uses accrual basis accounting, what is net income for May?Multiple Choice
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Provided $1,350 of piano lessons to students who paid in cash. Provided $1,060 of piano lessons on a...
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