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Before month-end adjustments are made, the September 30 trial balance of a company contains revenue of $8,096 and expenses of $5,720. Adjustments are necessary for
Before month-end adjustments are made, the September 30 trial balance of a company contains revenue of $8,096 and expenses of $5,720. Adjustments are necessary for the following items: - Supplies used during September is $240. - Revenue earned but not yet billed is $2,184. - Accrued interest expense is $928. - Revenue collected in August and earned during September is $3,536. - Portion of prepaid rent expired during September is $252. Calculate the correct net income for the company for September. Net income
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