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Home Q & A Board Other Fields Homework Help Business Accounting
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harra harra
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6 years ago
Net income is reported on the income statement at $30,000. Adjusting entries for accrued revenues of $2,000 and unearned revenue earned during the current period of $5,500 were accidentally omitted. The correct net income is:
A) $22,500.
B) $37,500.
C) $33,500.
D) $26,500.
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
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raovatallpyraovatallpy
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harra Author
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#2
6 years ago
Great answer
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