Problem using an electronic spreadsheet

Reference no: EM13159374

Mr. James runs a retail shop. Calculate the net income or net loss in reference to the following transactions that occurred during the month of January. Solve this problem using an electronic spreadsheet.

Sale of Goods $70,000
Materials Used $30,000
Wages Paid $10,000
Other Expenses $5,000

Reference no: EM13159374

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