=+2. Determine the correct amount of net income for April and the total assets, liabilities, and owners
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=+2. Determine the correct amount of net income for April and the total assets, liabilities, and owner’s equity at April 30. In addition to indicating the corrected amounts, indicate the effect of each omitted adjustment by setting up and completing a columnar table similar to the following. Adjustment
(a) is presented as an example.
Net Total Total Total Income Assets Liabilities Owner’s Equity
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