Business, 08.07.2021 15:10 ramirex9680

Bantam company calculated its net income to be $38,775 based on the unadjusted trial balance. The following adjusting entries were then made for: Salaries and wages owed but not yet paid of $395.
Interest earned but not received from investments of $375.
Prepaid insurance premiums amounting to $275 have expired.
Unearned revenue in the amount of $805 has now been earned.

Required:
Determine the amount of net income (loss) that will be reported after the adjustments are recorded.

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Bantam company calculated its net income to be $38,775 based on the unadjusted trial balance. The fo...

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