6. Before any month-end adjustments are made, the net...
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6. Before any month-end adjustments are made, the net income of LL Company is $550,000. However, the following adjustments are necessary: (1) office supplies used, $35,000; (2) services performed for clients but not yet recorded or collected, $12,300; (3) interest accrued on note payable to bank, $14,100. 6.1. Please make corresponding adjusting entries for the items listed above (23=6). 6.2. LL's net income after making proper adjusting entries is $(2)
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