Acompany had calculated net income to be $77,750 based on the unadjusted trial balance. the following adjusting entries were then made for: 1. salaries and wages owed but not yet recorded or aid of $810 2. interest earned but not recorded or received from investments of $770 3. prepaid insurance premiums amounting to $570 have expired 4. unearned revenue in the amount of $770 has now been earned. required: determine the amount of net income (loss) that will be reported after the adjustments are recorded.

When slick heating company switched to an activity based costing system, it realized that it was allocating a much lower percentage of factory overhead to a product line that the marketing department was trying to push. the product line may contain which type of products?

Comprehensive illustrative problem: mira's store on february 1 20a4 mica delaman opened astore that sells school supplies her main customer are the students and teachers of happy students school that is situated in front of her store. mira wanted to know the financial position of mira's store. mira knew you were studying accounting. so she asked for . 1. to start her business mira's opened a checking account in the name of mira's store . the statement of account from the bank shows that the checking account has a balance of 31,535 of december 31,20a4

Prepare beneish corporation's income statement and statement of stockholders' equity for year-end december 31, and its balance sheet as of december 31. there were no stock issuances or repurchases during the year. (do not use negative signs with your answers unless otherwise noted.)