Compute the net income for 2018 based on the following amounts presented on the adjusted trial balance of D-Lay Company. $$\begin{array} { l r }
\text { Accumulated Depreciation - Equip. } & \$ 20,000 \
\text { Depreciation Expense } & 18,000 \
\text { Salaries and Wages Expense } & 15,000 \
\text { Service Revenue } & 40,000 \
\text { Unearned Service Revenue } & 8,000
\end{array}$$

Question

Compute the net income for 2018 based on the following amounts presented on the adjusted trial balance of D-Lay Company. $$\begin{array} { l r } 
\text { Accumulated Depreciation - Equip. } & \$ 20,000 \
\text { Depreciation Expense } & 18,000 \
\text { Salaries and Wages Expense } & 15,000 \
\text { Service Revenue } & 40,000 \
\text { Unearned Service Revenue } & 8,000
\end{array}$$

Quizplus · Accepted Answer

The Answer of Compute the net income for 2018 based on the following amounts presented on the adjusted trial balance of D-Lay Company. $$\begin{array} { l r } 
\text { Accumulated Depreciation - Equip. } & \$ 20,000 \
\text { Depreciation Expense } & 18,000 \
\text { Salaries and Wages Expense } & 15,000 \
\text { Service Revenue } & 40,000 \
\text { Unearned Service Revenue } & 8,000
\end{array}$$

Compute the Net Income for 2018 Based on the Following