Getty Company's December 31, 2020 adjusted trial balance is below. When the financial statements are...
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Accounting
Getty Company's December 31, 2020 adjusted trial balance is below. When the financial statements are prepared, how much is the reported net income for 20202 Debit Credit Cash $ 25,000 75.000 2000 150 000 Prepaid rent Supplies Equipment Accounts payable Sanes payable Dotted revenue Ronda Didenda $25.000 25000 56.000 04.000 2.000 Service revenue 195 000 257000 Salaries expense 45,000 Rent expense 20,000 Utilities expense 13,000 Depreciation expense 15,000 Supplies expense 18,000 Totals $365,000 $365,000 O A. $146,000 O B. $140,000 O c.$109,000 OD.$84.000 O E $82,000 Supplies 2,000 Equipment 150,000 Accounts payable Salaries payable $25,000 25,000 Deferred revenue 56 000 Retained earings 64,000 Dividends 2,000 Service revenue 195 000 Salaries expense Rent expense 45,000 20,000 Utilities expense 13,000 Depreciation expense 15,000 Supplies expense 18,000 Totals $365,000 $365,000



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