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For the year ending December 31, Beard Cinical Supplies Co, mistakenly omitted adjusting entries for (1) $7,380 of uneamed revenue that was earned, (2) eamed

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For the year ending December 31, Beard Cinical Supplies Co, mistakenly omitted adjusting entries for (1) $7,380 of uneamed revenue that was earned, (2) eamed revenue that was not bliled of $10,460, and (3) accrued wages of $6,680. Indicate the combined effect of the errors on (a) revenues, (b) expenses, and (c) net income. a. Revenues were The end-of-period spreadsheet (work sheet) for the current year for Jamal Company shows Balance Sheet columns with a debit total of $598,450 and a credit total of $521,020. This is before the amount for net income or net loss has been included. In preparing the income statement from the end-of-period spreadshcet, what is the amount of net income or net loss? A net of $ Prior to adjustment at August 31, Salaries Expense has a debit balance of $270,870.5 Salarles owed but not paid as of the same date total $3,190. a. Joumalize the adjusting entry to record accrued salaries as of August 31 , If an amount box does not require an entry, leave it blank. b. Indicate the amount at which Salaries Expense would be included in the closing entry on August 31 and whether it would be a debit or credit. Based upon the following data for a business with a periodic inventory system, determine the cost of merchandise sold for August. Selected accounts and amounts at the end of the period are as follows

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