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Business, 24.03.2021 16:40 beachgreentag

Before making month-end adjustments, net income of Bobwhite Company was $232,500 for March. Adjusting entries are necessary for the following items: Depreciation for the month of March: $4,400.
Rental income accrued during March, tenant to pay in April: $910.
Supplies used in March: $310.
Fees earned in March that had been collected in advance: $3,700.

After recording these adjustments, net income for March is:

a. $112,400.
b. $113,620.
c. $117,000.
d. $110,800.

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Before making month-end adjustments, net income of Bobwhite Company was $232,500 for March. Adjustin...
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