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l Before any month-end adjustments are made, the net income of Russell Company is $68,000. However, the following adjustments are necessary: office supplies used, $2,060;

lBefore any month-end adjustments are made, the net income of Russell Company is $68,000. However, the following adjustments are necessary: office supplies used, $2,060; services performed for clients but not yet recorded or collected, $2,600; interest accrued on note payable to bank, $2,000. After adjusting entries are made for the items listed above, Russell Companys net incomewould be: Select one: a. $72,660 b. $69,460 c. $66,540 d. Some other amount

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