Regent Plumbing Company provides plumbing services. Selected transactions of Regent Plumbing Company are described as...
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Regent Plumbing Company provides plumbing services. Selected transactions of Regent Plumbing Company are described as follows: a Received $ cash from the owner Sharon Regent, as capital. b Paid $ cash for equipment to be used for plumbing repairs. c Borrowed $ from a local bank and deposited the money in the checking account. d Paid $ rent for the year. e Paid $ cash for plumbing supplies to be used next year. f Completed a plumbing repair project for a local lawyer and received $ cash. Calculate the net income. Assume plumbing supplies of $ are left at the end of the accounting period. A $ B $ C $ D $ 
Regent Plumbing Company provides plumbing services. Selected transactions of Regent Plumbing Company are described as follows:
a Received $ cash from the owner Sharon Regent, as capital.
b Paid $ cash for equipment to be used for plumbing repairs.
c Borrowed $ from a local bank and deposited the money in the checking account.
d Paid $ rent for the year.
e Paid $ cash for plumbing supplies to be used next year.
f Completed a plumbing repair project for a local lawyer and received $ cash.
Calculate the net income. Assume plumbing supplies of $ are left at the end of the accounting period.
A $
B $
C $
D $
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