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Determine the net income that wildhorse company

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Reference no: EM132476086

Presented below is selected information related to Wildhorse Company at December 31, 2020. Wildhorse reports financial information monthly.

Accounts Payable

$ 3,225

Salaries and Wages Expense

$17,737

Cash

6,987

Notes Payable

26,875

Advertising Expense

6,450

Rent Expense

11,287

Service Revenue

57,512

Accounts Receivable

14,512

Equipment

31,175

Owner's Drawings

8,062

Question 1: Determine the net income that Wildhorse Company reported for December 2020.

Reference no: EM132476086

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