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For each adjustment, indicate the income statement and balance sheet account affected, and the impact on net income. If an adjustment caused net income to
For each adjustment, indicate the income statement and balance sheet account affected, and the impact on net income. If an adjustment caused net income to decrease, enter the amount as a negative value. Net income before adjustments can be found on the income statement tab.
Adjusted Photo Sense Trial Balance December 31, 2022 For each adjustment, indicate the income statement and balance sheet account affected, and the impact on net income. If an adjustment caused net income to decrease, enter the amount as a negative value. Net income before adjustments can be found on the income statement tab. (Hint: Select unadjusted on the dropdown.) Use the drop-downs to select the accounts properly included on the income statement. The unadjus balances will appear for each account, based on your selection. You may view either the unadjusted or adjusted trial balance by choosing from the drop-down box below. Your choice will determine the reported values on the financial statement tabs. Unadjusted Adjusted Photo Sense Trial Balance December 31, 2022 For each adjustment, indicate the income statement and balance sheet account affected, and the impact on net income. If an adjustment caused net income to decrease, enter the amount as a negative value. Net income before adjustments can be found on the income statement tab. (Hint: Select unadjusted on the dropdown.) Use the drop-downs to select the accounts properly included on the income statement. The unadjus balances will appear for each account, based on your selection. You may view either the unadjusted or adjusted trial balance by choosing from the drop-down box below. Your choice will determine the reported values on the financial statement tabs. Unadjusted
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