Question

in the trial balance column a worksheet shows revvnue of 37,812 ap of 3445 and expenses of 12300 4400 and 8128. what is the trial balance of the net income

Answer 1

To determine the trial balance of the net income, subtract the sum of all expenses ($24,828) from the total revenue ($37,812). The resulting net income is $12,984.

Step-by-step explanation:

To calculate the net income from the trial balance, you need to subtract the total expenses from the total revenues. In this scenario, the total revenue is $37,812. The expenses are listed as $12,300, $4,400, and $8,128. Adding these expenses together gives us a total expense amount of $24,828.

Now, subtract the total expenses from the total revenues: $37,812 - $24,828 = $12,984. Therefore, the trial balance of the net income is $12,984.

Answer 2

The trial balance of the net income is $12,984.

The trial balance is a statement that lists all the general ledger accounts with their debit or credit balances. To calculate the net income, we need to consider the revenues and expenses.

Given the information in the question, we have the following figures:
- Revenue: $37,812
- Accounts Payable: $3,445
- Expenses: $12,300, $4,400, and $8,128

To calculate the net income, we need to subtract the total expenses from the total revenue. Let's add up the expenses first:
$12,300 + $4,400 + $8,128 = $24,828

Now, we can calculate the net income by subtracting the total expenses from the total revenue:
$37,812 - $24,828 = $12,984