The work sheet for Bridges Company shows net income of S40.000. The follow ing four adjustments were

Question:

The work sheet for Bridges Company shows net income of S40.000. The follow ing four adjustments were ignored: 1. Subscriptions Fees earned. SI. 200. 2. Depreciation of equipment. S4.000. 3. Depreciation of building. $ 1 0,000. 4. Salaries accrued. $.^.000.

What is the correct net income?  pg47

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Accounting A Business Perspective

ISBN: 9780075615859

7th Edition

Authors: Roger H. Hermanson, James Don Edwards, Michael W. Maher

Question Posted: