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Given the following adjusted trial balance: Debit Credit Cash $1463 Accounts receivable 1846 Inventory 2749 Prepaid rent 76 Equipment 260 Accumulated depreciation-equipment $46 Accounts payable
Given the following adjusted trial balance:
Debit Credit
Cash $1463
Accounts receivable 1846
Inventory 2749
Prepaid rent 76
Equipment 260
Accumulated depreciation-equipment $46
Accounts payable 72
Unearned service revenue 107
Common stock 174
Retained earnings 5820
Service revenue 324
Interest revenue 49
Salaries and wages expense $140
Travel expense $58
Total $6592 $6592
Net income for the year is:
$319.
$175.
$373.
$525.
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