What is X-cel Company's net income or net loss if it had Revenue of $1,800,Salary Expense of $500,Utility Expense of $250,and Withdrawals of $5,000 during October?
A)$50 net income
B)$1,050 net loss
C)$1,050 net income
D)$50 net loss

Question

Quizplus · Accepted Answer

The Answer of What is X-cel Company's net income or net loss if it had Revenue of $1,800,Salary Expense of $500,Utility Expense of $250,and Withdrawals of $5,000 during October?
A)$50 net income
B)$1,050 net loss
C)$1,050 net income
D)$50 net loss

What Is X-Cel Company's Net Income or Net Loss If