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?
A)$17,400
B)$23,800
C)$26,300
D)$74,400

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?
A)$17,400 
B)$23,800 
C)$26,300 
D)$74,400

Quizplus · Accepted Answer

B)Service Revenue $83,900 Less (Salaries Expense $28,000 + Rent Expense $18,000 + Truck Expense $12,400 + Office Expense $1,700)Equals Net Income $23,800

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