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Question 15 Use the following information in the adjusted trial balance for Johnson Company to answer the following questions. Johnson Company Adjusted Trial Balance
Question 15 Use the following information in the adjusted trial balance for Johnson Company to answer the following questions. Johnson Company Adjusted Trial Balance Cash Accounts Receivable Prepaid Expenses Equipment Accumulated Depreciation Accounts Payable Notes Payable John Johnson, Capital John Johnson, Drawing Fees Eamed t Wages Expense Rent Expense Utilities Expense Depreciation Expense Miscellaneous Expense For the Year ended December 31, 2014 2.2 points Save Amer $6.630 2,100 700 13,700 $1,100 1.900 4.300 12.940 2900 9.250 2,500 1,960 775 250 185 $29.490 Totals Determine the net income (loss) for the period. Ca. Net Income $3.580 b. Net Loss $5,670 CNet Income $9.250 d. Net Loss $790
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