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A company had the following accounts and balances at December 31. Account Cash Accounts Receivable Prepaid Insurance Supplies Accounts Payable Total Equity Service Revenue
A company had the following accounts and balances at December 31. Account Cash Accounts Receivable Prepaid Insurance Supplies Accounts Payable Total Equity Service Revenue Debit $ 20,000 Credit 6,000 1,500 5,000 $ 500 15,200 20,000 2,000 1,200 Rent Expense Salaries Expense Totals $ 35,700 $ 35,700 Using the information in the table, calculate the company's reported net inc
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