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$1496 Cash 1888 Accounts receivable 2812 Inventory 77 Prepaid rent 270 Equipment $47 Accumulated depreciation-equipment Accounts payable 74 Unearned service revenue 110 Common stock 180
$1496 Cash 1888 Accounts receivable 2812 Inventory 77 Prepaid rent 270 Equipment $47 Accumulated depreciation-equipment Accounts payable 74 Unearned service revenue 110 Common stock 180 Retained earnings 5950 Service revenue 331 Interest revenue 50 Salarles and wages expense 140 Travel expense 59 Total $6742 $6742 Net income for the year is: o $182 $381 $540 $327
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