Sparrow Company had the following adjusted trial balance at December 31, 2019. Sparrow Company Adjusted Trial...

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Sparrow Company had the following adjusted trial balance at December 31, 2019. Sparrow Company Adjusted Trial Balance Decembe

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Answer 1

Answer #1

Service Revenue		99,600
Expenses
Salaries expense	49400
Rent expense	17250
Insurance expense	2200
Depreciation expense	4950
Income tax expense	5400	79,200
Net income		20,400

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Answer 2

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