Determine the net income of a company for which the following information is available for the month of July. Employee salaries expense Interest expense Rent expense Consulting revenue $ 183,000 13,000 23,000 412,000 Multiple Choice $193,000. $412,000. $239,000 $219,000 $631,000 Alpha Company has assets of $628,000, liabilities of $264.000, and equity of $364,000. It buys office equipment on credit for $89,000. What would be the effects of this transaction on the accounting equation? Multiple Choice Assets increase by $89,000 and expenses decrease by $89.000. Assets decrease by $89,000 and expenses decrease by $89,000. Assets increase by $89.000 and expenses increase by $89,000 Liabilities increase by $89,000 and expenses decrease by $89,000. O O Assets increase by $89,000 and liabilities increase by $89,000. Centurion Company had the following accounts and balances at December 31: Credit Debit $ 12,300 2,460 3,320 1,460 Account Cash Accounts Receivable Prepaid Insurance Supplies Accounts Payable T. Happy, Capital Service Revenue Salaries Expense Utilities Expense Totals $ 6,150 6,280 9,300 730 1,460 $ 21,730 $ 21,730 Using the information in the table, calculate the company's reported net income for the period. Multiple Choice O $7110 $5,420. $13,160 $4,690 Specter Consulting purchased $8,400 of supplies and paid cash immediately. Which of the following general journal entries will Specter Consulting make to record this transaction? Multiple Choice Credit Account Title Supplies Expense Accounts Payable Debit 8,400 8.400 Credit Account Title Accounts Payable Supplies Debit 8,400 8,400 Credit Account Title Supplies Cash Debit 8,40e 8, 4ee Debit Credit O 8,400 Account Title Cash Supplies 8,400 Debit Credit 8,400 Account Title Supplies Accounts Payable 8,400 Adriana Graphic Design receives $1,550 from a client billed in a previous month for services provided. Which of the following general journal entries will Adriana Graphic Design make to record this transaction? Multiple Choice Account Title Credit Cash Debit 1,550 Unearned Revenue 1,550 O Credit Account Title Accounts Receivable Cash Debit 1,550 1,550 O Credit Account Title Accounts Payable Design Revenue Debit 1,550 1,550 Credit Account Title Cash Accounts Receivable Debit 1,550 1,550 Credit Account Title Accounts Receivable Unearned Revenue Debit 1,550 1,550