Question

Use the adjusted trial balance for Stockton Company to determine the net income (loss) for the period.

a) Net loss is $5,670.
b) Net income is $9,250.
c) Net loss is $790.
d) Net income is $3,580

Answer 1

The adjusted trial balance is not provided in the question, so the net income (loss) cannot be determined based on the given information.

Step-by-step explanation:

The question asks for the net income (loss) for the period using the adjusted trial balance for Stockton Company. Unfortunately, the adjusted trial balance is not provided in the question, so I cannot determine the net income (loss) based on the given information. It would be helpful to have the adjusted trial balance to accurately calculate the net income (loss).