5) The following items appeared on December 31 Excel work sheet. Based on the following information, what is profit for the year? Account Cash. Prepaid insurance Supplies Equipment Accounts payable Unearned fees Owner, capital Owner, withdrawals Fees earned Rent expense Salaries expense Utilities expense Insurance expense Supplies expense Depreciation expense, equipment Accumulated depreciation, equipment Salaries payable Accounts receivable Total A) $4,125 Unadjusted Trial Balance B) $4,670 Dr. 975 3,600 180 10,320 1,650 1,500 2,100 345 ACCT1010 Introduction to Financial Accounting Assignment # 2 2 Cr. C) $1,855 1,140 4,500 9,180 5,850 Adjustments Adjusted Trial Balance Dr. Cr. Dr. Cr. 375 315 150 70 190 150 70 300 20.670 20,670 1.400 1.400 D) $2,060 {375 (300 190 315 E) $1,725 5)

5) The following items appeared on December 31 Excel work sheet. Based on the 5) following information, what is profit for the year? ACCT1010 Introdoction to Financial Accounting Assignment " 2 A) $4,125 B) $4,670 C) $1,855 D) $2,060 E) $1,725