Question
Before adjusting entries, net income was $9,750. These entries were required: Interest earned on money market account, $78 Income taxes due, $610 Depreciation on equipment,
Before adjusting entries, net income was $9,750. These entries were required:
Interest earned on money market account, $78
Income taxes due, $610
Depreciation on equipment, $1,045
Unearned revenue that has been earned, $410
The correct amount of net income should be:
| $8,583 |
| $8,427 |
| $10,917 |
| $9,803 |
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Accounting For Governments From Budget To Audit How Governments Plan Raise Spend And Then Account For Their Use Of Citizens Money In The 21st Century
Authors: Michael Parry, Jesse Hughes
1st Edition
1092763112, 978-1092763110
