1. Business
  2. Accounting
  3. a companys december 31 work sheet for the current period...

Question: a companys december 31 work sheet for the current period...

Question details

A companys December 31 work sheet for the current period appears below. Based on the information provided, what is net income for the current period? Unadjusted Trial Balance Adjustments Debit Credit Debit Credit Cash Accounts receivable Prepaid insurance Supplies Equipment Accumulated depreciation-equipment Accounts payable Common stock Dividends Fees earned Rent expense Salaries expense Utilities expense Insurance expense Supplies expense Depreciation expense-equipment 2,165 1,190 1,790 520 8,510 1,065 840 305 910 1,330 10,250 380 1,240 7,440 1,065 1,490 2.490 535 840 305 380 Totals 9,930 9,930 2,590 2,590 O $1,400. O $3,990 O $2.465 O $1,780. O $2.925

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