Question
The following table is the adjusted trial balance for Hunter Inc. before closing entries: Cash $8,000 Supplies 6,500 Salaries Expense 6,760 Services Revenue 36,641 Miscellaneous
The following table is the adjusted trial balance for Hunter Inc. before closing entries:
| Cash | $8,000 |
| Supplies | 6,500 |
| Salaries Expense | 6,760 |
| Services Revenue | 36,641 |
| Miscellaneous Expense | 14,483 |
| Prepaid Rent | 6,000 |
| Dividends | 3,000 |
| Equipment | 54,000 |
| Accounts Payable | 5,000 |
| Common Stock | 57,000 |
| Retained Earnings | 10,000 |
What is Hunters net income?
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Auditing Principles
Authors: Howard F. Stettler
3rd Edition
0130521183, 9780130521187
