The unadjusted trial balance

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Reference no: EM13233595

A company had calculated net income to be $78,200 based on the unadjusted trial balance. The following adjusting entries were then made: Salaries payable of $855 was recorded; Interest earned but not received from investments $815; Prepaid insurance decreased by $615 for insurance used up during the period; $815 of unearned revenue has now been earned. After recording these adjustments, net income would be:

Reference no: EM13233595

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