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Question 5 4 pts Before making its year-end adjustments, the net income for Gannet Company was $80,000. Year-end adjusting entries are necessary for the following
Question 5 4 pts Before making its year-end adjustments, the net income for Gannet Company was $80,000. Year-end adjusting entries are necessary for the following items: 1. Office supplies used up during the year totaled $3,200. 2. Interest accrued to December 31 on note payable to the bank totaled $900. 3. Services performed for clients but not yet collected totaled $2,600. Calculate Gannet Company's net income for the year after the necessary adjustments are made
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