Bookmarks Window Help a mybusinesscourse.com Menu QUESTION 3 Incorrect Mark 0.00 out of 4.00 P Flag question Analysis of the Impact of Adjustments on Financial Statements At the end of the first month of operations, the Bradley Company's accountant prepared financial statements that showed the following amounts: Assets Liabilities Stockholders' Equity 40,000 Net Income $190,000 150,000 139,000 In preparing the statements, the accountant overlooked the following items: a. Depreciation for the month. b. Service revenue earned but unbilled at month-end. 1.500 c. Employee wages earned but unpaid at month-end. 250 $1,000 Determine the correct amounts of assets, liabilities and stockholders' equity at month-end and net income for the month. Liabilities Stockholders' Equity Net Income Assets $ 190,000 X $ 150,000|X $ 40,000/X S 139,000 Check