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On the last picture I just need to know the net income before adjustments, thank you! Karla Tanner opened a web consulting business called Linkworks

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On the last picture I just need to know the net income before adjustments, thank you!

Karla Tanner opened a web consulting business called Linkworks and recorded the following transactions in its first month of operations. Apr. 1 Tanner invests $80,000 cash along with office equipment valued at $26,000 in the company in exchange for common stock. Apr. 2 The company prepaid $9,000 cash for twelve months' rent for office space. The company's policy is record prepaid expenses in balance sheet accounts. Apr. 3 The company made credit purchases for $8,000 in office equipment and $3,600 in office supplies. Payment is due within 10 days. Apr. 6 The company completed services for a client and immediately received $4,000 cash. Apr. 9 The company completed a $6,000 project for a client, who must pay within 30 days. Apr. 13 The company paid $11,600 cash to settle the account payable created on April 3. Apr. 19 The company paid $2,400 cash for the premium on a 12-month insurance policy. The company's policy is record prepaid expenses in balance sheet accounts. Apr. 22 The company received $4,400 cash as partial payment for the work completed on April 9. Apr. 25 The company completed work for another client for $2,890 on credit. Apr. 28 The company paid $5,500 cash in dividends. Apr. 29 The company purchased $600 of additional office supplies on credit. Apr. 30 The company paid $435 cash for this month's utility bill. Descriptions of items that require adjusting entries on April 30, follow. a) On April 2, the company prepaid $9.000 cash for twelve months' rent for office space. b) The balance in Prepaid insurance represents the premium paid for a 12-month insurance policy the policy's coverage began on April 1. c) Office supplies on hand as of April 30 total $1,200. d) Straight-line depreciation of office equipment, based on a 5-year life and a $4,000 salvage value, is $500 per month. e) The company has completed work for a client, but has not yet billed the $1.800 fee. 1) Wages due to employees, but not yet paid, as of April 30 total $2,600. General Journal Income Statement General Ledger Balance Sheet St Retained Earnings Requirement Trial Balance Impact on Income Use the drop-downs to select the accounts properly included on the income statement. The unadjusted or adjusted balances will appear for each account, based on your selection. Unadjusted LINKWORKS Income Statement For Month Ended April 30, 2019 Revenues: Services revenue $ 12.890 0 S 12.890 Total revenues Expenses: Utilities expense 435 0 0 0 0 10 Unadjusted LINKWORKS Income Statement For Month Ended April 30, 2019 Revenues: Services revenue $ 12,890 0 $ 12,890 Total revenues Expenses Utilities expense 435 0 0 0 0 0 0 Total expenses 435 Net income $ 12.455 The Balance St Retained Earnings > Requirement General Journal General Ledger Trial Balance Income Statement St Retained Earnings STED Balance Sheet Impact on Income Use the drop-downs to select the accounts properly included on the balance sheet. The unadjusted or adjusted balances will appear for each account, based on your selection. Include all balance sheet accounts, even those with zero balances. Show less Unadjusted LINKWORKS Balance Sheet April 30, 2019 ASSETS Current assets: Cash S Prepaid rent Office supplies Accounts receivable 59,465 9.000 4.200 4.490 Prepaid insurance 2,400 0 Total current assets $ 79.555 Plant assets Office supplies Accounts receivable Prepaid insurance 4,200 4,490 2,400 0 Total current assets $ 79,555 Plant assets: Office equipment 34,000 Office equipment, net Total assets 34,000 113,555 $ LIABILITIES AND EQUITY Liabilities: Accounts payable S 600 0 0 Total liabilities 600 106.000 Equity Common stock Retained earnings Total equity Total liabilities and equity 6.955 112,955 113 555 $ Account affecting the: Balance Sheet Impact on net income $ Income Statement Adjusting entry related to: a) Rent Rent expense b) Insurance Insurance expense c) Office supplies Office supplies expense Depreciation expense - Office d) Depreciation equipment e) Unbilled fees Services revenue ) Unpaid wages Wages expense Total impact on income due to adjustments Net income before adjustments Prepaid rent Prepaid insurance Office supplies Accumulated depreciation - Office equipment (750) (200) (3,000) (500) Accounts receivable Wages payable 14,690 (2,600) 7,640 $ 0

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