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57. A company issued financial statements for the year ended December 31, but failed to include the following adjusting entries A Accrued interest revenue eamed
57. A company issued financial statements for the year ended December 31, but failed to include the following adjusting entries A Accrued interest revenue eamed of $1 200 8 Depreciation expense of $4,000. C. Portion of prepaid insurance expired an asset) used $1,100. D. Accrued taxes of $3,200. E Revenues of $5,200originally recorded as uneamed, have been earned by the end of the year Determine the correct amounts for the December 31 financial statements by completing the following table: Assets $350,000 Liabilities $200,000 Equity $150,000 Net Income $70,000 Reported amounts Add (subtract) to correct for tam c . Corrected amountsS S S
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