Short Answer
Cruits,Inc.prepared the following income statement before adjustments:
Required:
Determine the net income or loss after adjustment given the following additional information for the month of September:
a.Salaries earned but unrecorded and unpaid equals $1,000.
b.Depreciation for the month should be an additional $2,000.
c.Customer work completed,but not yet billed or collected equals $4,000.
Correct Answer:

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$12,000 - ...View Answer
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Correct Answer:
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