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Net income is reported on the income statement at $65,000. Adjusting entries for accrued revenues of $8,500 and unearned revenue earned during the current period
Net income is reported on the income statement at $65,000. Adjusting entries for accrued revenues of $8,500 and unearned revenue earned during the current period of $3,000 were accidentally omitted. The correct net income is: $68,000. $76,500. $73,500. $87500
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