Question: there is also a part b and c Do It Review 3-4 (Part Level Submission) Marigold Company was organized on April 1, 2019. The company
Do It Review 3-4 (Part Level Submission) Marigold Company was organized on April 1, 2019. The company prepares quarterly financial statements. The adjusted trial balance amounts at June 30 are shown below. Credit $600 4,000 800 300 Cash Accounts Receivable Prepaid Rent Supplies Equipment Dividends Salaries and Wages Expense Rent Expense Depreciation Expense Supplies Expense Utilities Expense Interest Expense Debit $7,000 Accumulated Depreciation-Equipment 380 Notes Payable 700 Accounts Payable 900 Salaries and Wages Payable 11,300 Interest Payable 400 Uneared Rent Revenue 7,000 Common Stock 1,200 Service Revenue 600 Rent Revenue 300 11,380 11,500 1,300 $30,250 200 500 70 $30,250 Determine the net income for the quarter April 1 to June 30. Net income
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