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Dahasolnce [82]
4 years ago
7

Unadjusted net income equals $ 8,500. Calculate what net income will be after the following​ adjustments:

Business
1 answer:
Amanda [17]4 years ago
8 0

Answer:

 adjusted net income      8,555

Explanation:

unadjusted net income    8,500

earned revenue                   900

salaries expense                 (550)

interest expense                   (90)

supplies expense           <u>    (205)  </u>

 adjusted net income      8,555

The salries are considered expense,

the interest due are the interest accrued in a note payable

the supplies used are the supplies expense

the unearned revenue beomes earned through time adn by, providing services. It increase the total reveneu for the period.

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