Question
Unadjusted net income equals $7,000. Calculate what net income will be after the followingadjustments: 1. Salaries payable toemployees, $660 2. Interest due on note payable
Unadjusted net income equals $7,000.
Calculate what net income will be after the followingadjustments:
1.
Salaries payable toemployees, $660
2.
Interest due on note payable at thebank, $150
3.
Unearned revenue that has beenearned, $950
4.
Suppliesused, $190
Adjusted net income amounts to ?
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International Accounting
Authors: Timothy Doupnik, Hector Perera
3rd Edition
978-0078110955, 0078110955
