Solution-Calculate the net income, Following is a list of

Calculate the net income

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Reference no: EM132991135

Question - Following is a list of account balances of Tanner Lawn Services as of December? 31, after the first year of operations.

Accounts Receivable $7,400

Accounts Payable 6,100

Salaries Expense 7,700

Repairs Expense 1,500

Truck ?12,000

Equipment ?13,000

Notes Payable ?27,100

Cash 20,700

Supplies Expense 1,100

Service Revenue 36,000

Gasoline Expense 8,000

Salaries Payable ?2,200

Required - Calculate the net income.

Reference no: EM132991135

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Calculate the net income

Reference no: EM132991135

Reference no: EM132991135

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