At the end of the year, Trey company had the following accou…
At the end of the year, Trey company had the following account balances. Calculate the company’s net income. Prepaid insurance $9,076 Services revenue $74,339 Salaries and wages expense $39,645 Rent expense $22,523 Michaels, Capital $69,337 Michaels, Drawing $59,766 Cash $13,970 Accounts receivable $3,534 Supplies $2,946 Accounts payable $1,601 Miscellaneous expense $594 Unearned revenue $3,989 Note payable $2,788