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A company's December 31 work sheet for the current period appears below. Based on the information provided, what is net income for the current period?

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A company's December 31 work sheet for the current period appears below. Based on the information provided, what is net income for the current period? Adjustments Debit Credit 925 700 165 Unadjusted Trial Balance Debit Credit 2,025 1,050 1,650 380 8,370 770 1,190 9,410 1,100 7,300 1,350 2,350 395 Cash Accounts receivable Prepaid insurance Supplies Equipment Accumulated depreciation-equipment Accounts payable Owner, Capital owner, Withdrawal Fees earned Rent expense Salaries expense Utilities expense Insurance expense Supplies expense Depreciation expense-equipment Totals 240 925 700 165 240 2,030 18,670 18,670 2,030

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