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Requirement 2. How much net income or net loss did Summers Sign Company earn for the year ended January 31? How can you tell? Start
Requirement 2. How much net income or net loss did Summers Sign Company earn for the year ended January 31? How can you tell? Start by identifying the amount of net income or loss for the year ended January 31. (Enter a loss with a minus sign or parentheses.) Net income (loss) = Enter any number in the edit fields and then click Check Answer. 1 part emain Clear All Data Table ize orth Summers Sign Company Adjusted Trial Balance January 31, 2024 800 Balance Account Title Debit Credit Cash $ 14,400 2.900 1,300 52,000 5,900 5,100 Office Supplies Prepaid Rent Equipment Accumulated Depreciation Equipment Accounts Payable Salaries Payable Unearned Revenue Notes Payable (long-term) Summers, Capital Summers, Withdrawals 500 4,300 5,700 38,800 1,000 Service Revenue 18,100 Salaries Expense 3,800 n cli Print Done i Data Table 30 Cash 14,400 Office Supplies 2,900 alize for the it 5,800 Prepaid Rent 1,300 52,000 $ 5,900 Equipment Accumulated Depreciation Equipment Accounts Payable Salaries Payable 5,100 500 Unearned Revenue 4,300 5,700 Notes Payable (long-term) Summers, Capital Summers, Withdrawals 38,800 1,000 Service Revenue 18,100 it 3,800 1,700 Salaries Expense Rent Expense Depreciation Expense-Equipment Supplies Expense Utilities Expense 300 200 800 78,400 $ 78,400 Total en cli Print Done
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