Question
Harbor Realty had the following account balances taken from their adjusted trial balance for year ending Dec. 31, 20Y1: Depreciation Expense: $14,981 Fees Earned:
Harbor Realty had the following account balances taken from their adjusted trial balance for year ending Dec. 31, 20Y1: Depreciation Expense: $14,981 Fees Earned: $616,564 Rent Revenue: $75,506 Salaries Expense: $550,233 Supplies Expense: $7,596 Utilities Expense: $32,707 Unearned Revenue: 27,420 Accounts Payable: 1,174 Dividends: 6,757 What is Harbor Realty's Net income (loss) for the year? If it is a net loss, use a - Type your answer...
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Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
22nd Edition
324401841, 978-0-324-6250, 0-324-62509-X, 978-0324401844
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