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Exercise 4-6 completing the income statement columns and preparing closing entries lo p1, p2 these partially completed income statement columns from a 10-column work sheet are for brown's bike rental company. account title debit credit rent earned 120,000 salaries expense 46,300 insurance expense 7,400 office supplies expense 16,000 bike repair expense 4,200 depreciation expense—bikes 20,500 (1) use the information to determine the amount that should be entered on the net income line of the work sheet.
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Exercise 4-6 completing the income statement columns and preparing closing entries lo p1, p2 these p...
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