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what are the gross profit, operating income, and net income after taxes? Adjusted Trial Balance December 31, 20xx Accounts Debit Credit Cash $25,509 50,000 Accounts
what are the gross profit, operating income, and net income after taxes?
Adjusted Trial Balance December 31, 20xx Accounts Debit Credit Cash $25,509 50,000 Accounts Receivable Inventory 100,000 Prepaid Rent 4,000 150,000 Equipment Accumulated Depreciation Accounts Payable $ 50,001 25,000 Deferred Revenue 25,000 Current Portion Long-term Debt 10,000 Long-term Debt 50,000 Bonds Payable 75,000 25,000 Common Stock Treasury Stock 0 Retained Earnings 50,000 Dividends 5,000 Revenue 150,509 Cost of Goods Sold 75,000 Salaries Expense 5,000 Rent Expense 25,000 Insurance Expense Depreciation Expense Interest Expense Income Tax Expense 5,000 10,000 2,000 4,000 Totals $460,509 $460,509
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