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A company's December 31 work sheet for the current period appears below. Based on the information provided, what is not income for the current period? unadjusted Trial Balance Adjustments Debit Credit Debit Credit 975 Cash Accounts receivable Prepaid insurance Supplies Equipment Accumulated depreciation-equipment Accounts payable Salaries payable Unearned fees Owner, Capital Owner, withdrawals Fees earned Rent expense Salaries expense utilities expense Insurance expense Supplies expense Depreciation expense-equipment Totals Mudple Choice O $1,400 $1955 $1,905 $2.060 $4.670 3,600 180 10,320 1,650 1,500 2,100 345 1,140 4,500 9,180 5,850 300 375 315 150 70 190 315 375 300 150 70 190 20,670 20,670 1,400 1,400

A company's December 31 work sheet for the current period appears below. Based on the information provided, what is not income for the current period? unadjusted Trial Balance Adjustments Debit Credit Debit Credit 975 Cash Accounts receivable Prepaid insurance Supplies Equipment Accumulated depreciation-equipment Accounts payable Salaries payable Unearned fees Owner, Capital Owner, withdrawals Fees earned Rent expense Salaries expense utilities expense Insurance expense Supplies expense Depreciation expense-equipment Totals Mudple Choice O $1,400 $1955 $1,905 $2.060 $4.670 3,600 180 10,320 1,650 1,500 2,100 345 1,140 4,500 9,180 5,850 300 375 315 150 70 190 315 375 300 150 70 190 20,670 20,670 1,400 1,400

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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A company's December 31 work sheet for the current period appears below. Based on the information provided, what is not income for the current period? Cash Accounts receivable Prepaid insurance Supplies Equipment Accumulated depreciation-equipment Accounts payable Salaries payable Unearned fees Owner, Capital Owner, Withdrawals Fees earned Rent expense Salaries expense utilities expense Insurance expense Supplies expense Depreciation expense-equipment Totals Multiple Choice $1,400 $1855. $1,905, $2.060. 54,670 unadjusted Trial Balance Adjustments Debit Credit Debit Credit 975 3,600 180 10,320 1,650 1,500 2,100 345 1,140 4,500 9,180 5,850 300 375 315 150 70 190 315 375 300 150 76 190 20,670 20,670 1,400 1,400
Transcribed Image Text:A company's December 31 work sheet for the current period appears below. Based on the information provided, what is not income for the current period? Cash Accounts receivable Prepaid insurance Supplies Equipment Accumulated depreciation-equipment Accounts payable Salaries payable Unearned fees Owner, Capital Owner, Withdrawals Fees earned Rent expense Salaries expense utilities expense Insurance expense Supplies expense Depreciation expense-equipment Totals Multiple Choice $1,400 $1855. $1,905, $2.060. 54,670 unadjusted Trial Balance Adjustments Debit Credit Debit Credit 975 3,600 180 10,320 1,650 1,500 2,100 345 1,140 4,500 9,180 5,850 300 375 315 150 70 190 315 375 300 150 76 190 20,670 20,670 1,400 1,400
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