Question
The Whispering Winds Company accumulates the following adjustment data at December 31.Revenue of $1,078 collected in advance has been recognized.Salaries of $780 are unpaid.Prepaid rent
The Whispering Winds Company accumulates the following adjustment data at December 31.Revenue of $1,078 collected in advance has been recognized.Salaries of $780 are unpaid.Prepaid rent totaling $392 has expired.Supplies of $605 have been used.Revenue recognized but unbilled totals $675.Utility expenses of $318 are unpaid.Interest of $300 has accrued on a note payable.Assume net income before the adjustments listed above was $22,500. What is the adjusted net income?
The Whispering Winds Company accumulates the following adjustment data at December 31.Revenue of $1,078 collected in advance has been recognized.Salaries of $780 are unpaid.Prepaid rent totaling $392 has expired.Supplies of $605 have been used.Revenue recognized but unbilled totals $675.Utility expenses of $318 are unpaid.Interest of $300 has accrued on a note payable.Assume net income before the adjustments listed above was $22,500. What is the adjusted net income?
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Multiobjective Programming And Planning
Authors: Jared L Cohon
1st Edition
048615307X, 9780486153070
