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1. Calculate the (preliminary) unadjusted net income for the year ended December 31, 2020. 5-a. Calculate the adjusted net income that the company should report

1. Calculate the (preliminary) unadjusted net income for the year ended December 31, 2020.

5-a. Calculate the adjusted net income that the company should report for the year ended December 31, 2020

5-b. By how much did the adjustments in requirement (4) cause net income to increase or decrease?

/al's Hair Emporium is a hair salon. Its December 31, 2020, unadjusted trial balance follows, along with information about selected ccounts

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