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Question: Based on the Income Statement you prepared on your scratch paper, what is the Net Income on the Income Statement for the period
Question: Based on the Income Statement you prepared on your scratch paper, what is the Net Income on the Income Statement for the period ending 12/31/xx? Unadjusted Trial Balance As of 12/31/20xx Accounts Debit Credit Cash $5,400 Prepaid Rent 5,000 Supplies 4,900 Building 8,133 Accounts Payable $1.900 Deferred Revenue 1,400 Common Stock 2.100 Retained Earnings 14,600 Revenue 8,133 Rent Expense 500 Salaries Expense 3,700 Utilities Expense 500 Totals $28.133 $28.133 Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points. etc. just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only input: 24123
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