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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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
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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