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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
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? Cash Accounts receivable Prepaid insurance Supplies Equipment Accumulated depreciation-equipment Accounts payable Salaries payable Unearned revenue Retained earnings Dividends Services revenue Rent expense Salaries expense Unadjusted Trial Balance Adjustments Debit Credit Debit Credit 1,095 420 4,800 270 300 190 13,920 310 2,340 435 5,700 495 11,580 2,850 9,810 915 2,700 3,300 435 465 Utilities expense Insurance expense 270 Supplies expense 190 Depreciation expense-equipment 310 Totals 29,430 29,430 2,120 2,120
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