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4)Summarized operations for H

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4)Summarized operations for H. J. Oslo Co. for the month of July are as follows. Revenues earned: for cash £30,000; on account 170.000. Expenses incurred: for cash £26,000: on account £40,000. Indicate for H. J. Oslo Co. (a) the total revenues, (b) the total expenses, and (c) net income for the month of July. Answer: