what is net income

1a Balance Debit Credit Debit Credit Cash. Prepaid insurance 975 150 70 Equipment . 10,320 Unearned fees... Owner, Capital!.. Owner, Withdrawals . Fees earned.. 1,140 4,500 375 9,180 .1,650 1,650 9180 5,850 375 300 Rent expense. Salaries expense. Utilities expense... Insurance expense. Supplies expense 1,500 2,100 345 315 150 70 190 Accumulated depreciation-equipment.... Salarics payable 190 315 Totals... 300 20.070 20.070 L400 L400