Selected transaction data of a business for September are summarized below. Determine the following amounts for September: (a) total revenue, (b) total expenses, (c) net income.
Service sales charged to customers on account during September exist33,000
Cash received from cash customers for services performed in September 28,000
Cash received from customers on account during September:
Services performed and charged to customers prior to September 13,000
Services performed and charged to customers during September 18,000
Expenses incurred prior to September and paid during September 6, 500
Expenses incurred and paid in September 36, 250
Expenses incurred in September but not paid in September 5,000
Expenses for supplies used and insurance (not included above) applicable to 2,000 September