Determine the revenues, expenses, and net income of Milbank Repairs & service after the adjusting entries.

Instructions Milbank Repairs & Service UNADJUSTED TRIAL BALANCE June 30, 20Y4 ACCOUNT TITLE DEBIT CREDIT 10,800.00 1 Cash 2 Accounts Receivable 67,270.00 3 Supplies 16,390.00 4 Equipment 5 Accounts Payable 115,170.00 15,830.00 6 Unearned Fees 17,930.00 7 Nancy Townes, Capital 117,930.00 8 Nancy Townes, Drawing 13,860.00 9 Fees Earned 297,710.00 10 Wages Expense 94,430.00 11 Rent Expense 71,780.00 12 Utilities Expense 52,100.00 13 Miscellaneous Expense 7,600.00 14 Totals 449,400.00 449,400.00