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The following is a listing of some of the balance sheet accounts and all of the income statement accounts for Northview Company as they appear

The following is a listing of some of the balance sheet accounts and all of the income statement accounts for Northview Company as they appear on the companys adjusted trial balance.

Accounts Payable $11,000
Accounts Receivable 21,000
Inventory 22,000
Advertising Expense 17,000
Cost of Goods Sold 129,000
Delivery Expense 7,000
Income Tax Expense 3,900
Insurance Expense 1,000
Rent Expense 16,000
Sales Revenue 260,000
Sales Discounts 10,000
Sales Returns & Allowances 34,000

Net income would be:

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