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QUESTION 7 Kone and Ano, shows the following amounts in the Adjusted Trial Balance beginning Capta 1,000, Serve Havere 2.200, www ws 1.000, es Expense

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QUESTION 7 Kone and Ano, shows the following amounts in the Adjusted Trial Balance beginning Capta 1,000, Serve Havere 2.200, www ws 1.000, es Expense 450 und Supplies Expense 260. Calculate the amount of Net Income Net Los 1.0 (Not Income) 500 Net Income) 500 (Net) 900 (Net Loss) QUESTIONS Which of the following statement is true? moome Summary is closed in Capital Income urmary is closed Cash Incore urmary deb nomal balance income Summary can be found in the Worsh

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