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

question 21

Multiple Choice

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.

---

Definitions:

Indian Monsoon

A seasonal reversing wind accompanied by corresponding changes in precipitation, crucial for the agriculture of the Indian subcontinent.

Arabian Sea

A region of the northern Indian Ocean bounded on the northwest by Pakistan and Iran, on the west by the Horn of Africa and the Arabian Peninsula, and on the east by India.

Bay of Bengal

A large body of water in the northeastern Indian Ocean bounded by Bangladesh to the north, Myanmar and the Andaman and Nicobar Islands to the east, and India to the west.

Sea Surface Temperatures

The temperature of the surface layer of the ocean, which varies geographically and seasonally, influencing weather and climate patterns.