An accountant made the following adjustments at December $31,$ the end of the accounting period:

$()($Click the icon to view the adjustments.$)$

Read the requirements.

Income Tax Payable

$7,350$

Requirement $2.$ Suppose the adjustments were not made. Calculate the overall overstatement or understatement of net income

Enter the amounts of either the overstatement or understatement of net income as a result of omitting these adjustments. $($Use pr

Net income over $($under$)$ statement as a result of omission

Insurance Expense

Interest Revenue

Service Revenue

Depreciation Expense

Salary Expense

Income Tax Expense

Total over $($under$)$ statement of net income

ages

Calculator

$8$

$14$

$5$

MAY

$29$