The following accounts were taken from the Adjusted Trial Balance columns of the work sheet: Accumulated Depreciation $ 3,200 Fees Earned 17,400 Depreciation Expense 1,300 Insurance Expense 400...


The following accounts were taken from the Adjusted Trial Balance columns of the work sheet:


































Accumulated Depreciation$  3,200
Fees Earned17,400
Depreciation Expense1,300
Insurance Expense400
Prepaid Insurance4,800
Supplies900
Supplies Expense3,800


Net income for the period is


a.$17,400

b.$5,500

c.$8,700

d.$11,900



Jun 08, 2022
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