Donaldson's Delivery Company began operations on January 1,2019.The following Trial Balance was prepared on December 31,2019.

What is the net income for the year ended December 31,2019?

Question

Donaldson's Delivery Company began operations on January 1,2019.The following Trial Balance was prepared on December 31,2019.

What is the net income for the year ended December 31,2019?

Quizplus · Accepted Answer

B)Service Revenue $78,400 Less (Salaries Expense $34,000 + Rent Expense $15,000 + Truck Expense $5,700 + Office Expense $1,500)Equals Net Income $22,200

Donaldson's Delivery Company Began Operations on January 1,2019