The adjusted trial balance indicates revenue is $18,000, wage expense is $3,500, utilities expense is $1,000, and

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The adjusted trial balance indicates revenue is $18,000, wage expense is $3,500, utilities expense is $1,000, and the owner drawing is $1,000.

What is the net income or net loss?

Related Book For answer-question

Horngrens Financial and Managerial Accounting

ISBN: 978-0133866292

5th edition

Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura

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Posted Date: Mar 23, 2024 03:12 PM

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The adjusted trial balance indicates revenue is $18,000, wage expense is $3,500, utilities expense is $1,000, and

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Horngrens Financial and Managerial Accounting

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