Question 17 Not yet answered Points out of 2.00 Flag question Before month-end adjustments are made,...

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Question 17 Not yet answered Points out of 2.00 Flag question Before month-end adjustments are made, the January 31 trial balance of Sugar Bowl Bakery contains revenue of $27,900 and expenses of $17,340. Adjustments are necessary for the following items: Portion of prepaid rent applicable to January: $2,700. Depreciation for January: $1,440. Portion of fees collected in advance earned in January: $3,300. . Fees earned in January; not yet billed to customers: $1,950. Net income for January is: Oa. $10,5601 Ob. $17,070 c. $7,770 Od. Some other amount Question 17 Not yet answered Points out of 2.00 Flag question Before month-end adjustments are made, the January 31 trial balance of Sugar Bowl Bakery contains revenue of $27,900 and expenses of $17,340. Adjustments are necessary for the following items: Portion of prepaid rent applicable to January: $2,700. Depreciation for January: $1,440. Portion of fees collected in advance earned in January: $3,300. . Fees earned in January; not yet billed to customers: $1,950. Net income for January is: Oa. $10,5601 Ob. $17,070 c. $7,770 Od. Some other amount