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Business, 11.02.2020 20:48 croxy0514

Rubino Company reported net income of $100,000 for the current year. Examination of the financial data indicates that the following items were ignored:
Accrued salaries were $ 6,000 at December 31.
Depreciation on equipment acquired on July 1 amounted to $ 4,000.
Based on this information,
(a) what adjusting journal entries should have been made at December 31, and
(b) what is the correct net income?

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Rubino Company reported net income of $100,000 for the current year. Examination of the financial da...

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