Question: got the red boxes wrong Incorrect balances $40,000 $130,000 Effects of: Depreciation Salaries and wages Rent Correct Balances Incorrect balances $40,000 $130,000 Effects of: Depreciation

got the red boxes wrong
got the red boxes wrong Incorrect balances $40,000 $130,000 Effects of: Depreciation

Incorrect balances $40,000 $130,000 Effects of: Depreciation Salaries and wages Rent Correct Balances Incorrect balances $40,000 $130,000 Effects of: Depreciation Salaries and wages Rent Correct Balances

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\begin{tabular}{lrrr} \hline Item & Net Income & Total Assets & Total Liabilities \\ Incorrect balances & $61,600 & $132,000 & $61,600 \end{tabular} Effects of: Salaries and Wages Rent Revenue...

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