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Business, 14.02.2020 00:32 gesic2003

The net income reported on the ABC Co.'s income statement is $150,000. However, adjusting entries were not recorded at the end of the period for depreciation on fixed assets of $10,000, supplies used of $3,000, unearned gift card revenue EARNED during the period of $8,000, and for accrued salaries of $1,500. The correct amount of net income is Select one 0 a. $127,500 b. $163,500 c. $143,500d. $146,500 e. None of the above

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