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Given the following adjusted trial balance: Net income for the year is Given the following adjusted trial balance: Cash Accounts receivable Inventory Prepaid rent Equipment

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Given the following adjusted trial balance: Net income for the year is

Given the following adjusted trial balance: Cash Accounts receivable Inventory Prepaid rent Equipment Accumulated depreciation-equipment Accounts payable Unearned service revenue Common stock Retained eamings Dividends Sales revenue Rent expense Cost of goods sold Salaries and wages expense Tax expense Total Net income for the year is: $19, 100 10,200 15,620 480 16,705 9,600 15,760 71 ,650 15,900 4.600 $179.615 1 ,800 4.100 765 10,300 33,050 129,600

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