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At the end of the first month of operations, the Bradley Company's accountant prepared financial statements that showed the following amounts: In preparing the statements,
At the end of the first month of operations, the Bradley Company's accountant prepared financial statements that showed the following amounts: In preparing the statements, the accountant overlooked the following items: a. Depreciation for the month $1, 300 b. Service revenue earned but unbilled at month-end 1, 800 c. Employee wages earned but unpaid at month-end 550 Determine the correct amounts of assets, liabilities and stockholders' equity at month-end and net income for the month
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