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Before any month-end adjustments are made, the net income of Bennett Company is $75,700. The following adjustments are necessary: office supplies used, $3,130; services performed
Before any month-end adjustments are made, the net income of Bennett Company is $75,700. The following adjustments are necessary: office supplies used, $3,130; services performed for clients but not yet recorded or collected, $3,610; interest accrued on note payable to bank, $3,010. After adjusting entries are made for the items listed above, Bennett Company's net income will be:
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