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Very detailed explanation please, so detailed that I won't have to ask again. Unadjusted net income equals $ 6500 Calculate what net income will be
Very detailed explanation please, so detailed that I won't have to ask again.
Unadjusted net income equals
$ 6500
Calculate what net income will be after the following adjustments:
1. | Salaries payable to employees, $ 650 |
2. | Interest due on note payable at the bank, $ 150 |
3. | Unearned revenue that has been earned, $ 850 |
4. | Supplies used, $ 200 |
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