Before month-end adjustments are made, the february 28 trial balance of cole’s enterprise contains revenue of $11,000 and expenses of $8,900. adjustments are necessary for the following items: • depreciation for february is $1,200. • revenue earned but not yet billed is $2,800. • accrued interest expense is $900. • revenue collected in advance that is now earned is $2,500. • portion of prepaid insurance expired during february is $500. calculate the correct net income for cole's enterprise for the month end.

net income                        2,200

Explanation:

revenues  11,000

expenses (9,000)

income before adjustment: 2,000

adjusmtent:

depreciation         (1,200)

earned revenue    2,800

interest expense    (900)

insurance expense(500)

net                           200

net income                        2,200

The payment in-advance thecustomer made will not considered revenue as thecompany is now forced to provide this services It is a liability not revenue.

i believe the answer is: streets and roads

public property refers to the property that can be used by all legal citizens in a certain country. the public property was created and maintain using the government budget that allocated specifically for it. the budget itself come from the citizen's income tax payment.

answer; a set of mutual funds with similar risk characteristics to your mutual fund;