Harbor Realty had the following account balances taken from their adjusted trial balance for year ending Dec.
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Question:
Harbor Realty had the following account balances taken from their adjusted trial balance for year ending Dec. 31, 20Y1:
Depreciation Expense: $14,361
Fees Earned: $613,357
Rent Revenue: $78,577
Salaries Expense: $569,560
Supplies Expense: $5,374
Utilities Expense: $40,715
Unearned Revenue: 31,405
Accounts Payable: 1,020
Dividends: 3,815
What is Harbor Realty's Net income (loss) for the year?
Related Book For
Accounting
ISBN: 978-0324401844
22nd Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
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