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Thework sheet for Bridges Company shows net income of $40,000. The following four adjustments were ignored: Subscriptions Fees earned, $1,200 Depreciation of equipment, $4,000 Depreciation
Thework sheet for Bridges Company shows net income of $40,000. The following four adjustments were ignored:
- Subscriptions Fees earned, $1,200
- Depreciation of equipment, $4,000
- Depreciation of building, $10,000
- Salaries accrued, $3,000
- What is the correct net income? (Must Show Work)
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Managerial Accounting Decision Making and Motivating Performance
Authors: Srikant M. Datar, Madhav V. Rajan
1st edition
132816245, 9780132816243, 978-0137024872
