The unadjusted net income on the income statement was $23,760. After journalizing and posting the adjusting entries for the $1,620 of supplies used and $3,700 of depreciation on the company's equipment for the year, the adjusted net income is:
A)$25,840.
B)$18,440.
C)$21,680.
D)$29,080.

Question

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The Answer of The unadjusted net income on the income statement was $23,760. After journalizing and posting the adjusting entries for the $1,620 of supplies used and $3,700 of depreciation on the company's equipment for the year, the adjusted net income is:
A)$25,840.
B)$18,440.
C)$21,680.
D)$29,080.

The Unadjusted Net Income on the Income Statement Was $23,760