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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?
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?
Unadjusted Trial Balance Adjustments DebitCredit Debit Credit Cash Accounts recelvable Prepaid insurance Supplies Equipment Accumulated depreciation-equipment Accounts payable Owner, Capital Owner, Withdrawals Fees earned Rent expense Salaries expense Utilitles expense Insurance expense Supplies expense Depreciation expense-equipment 1,995 1,020 1,620 350 8,340 895 670 135 740 1,160 9,230 210 1,070 7,270 895 1,320 2,320 365 670 135 210 Totals 8,40018,400 ,910 1,910 O $3,265 O $3,145 $4,160 O $2,460 O $2.250
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