Question: Can you help me solve this general accounting problem with the correct methodology? Barclay Corporation has the following accounts and normal balances: Account Amount Cash

Can you help me solve this general accounting problem with the correct methodology?

Barclay Corporation has the following accounts and normal balances: Account Amount Cash $6,200 Accounts Receivable $7,500 Allowance for Doubtful Accounts | $800 Accounts Payable $4,100 Unearned Revenue $3,900 Revenue $14,700 Rent Expense $2,300 Wage Expense $6,400 Capital $2,100 Assuming no adjusting journal entries are made, Net Income would equal: a. $8,300 b. $6,000 c. $9,700 d. $5,100

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