Oregon Company Adjusted Trial Balance For the Year ended December 31, 2016 Cash $ 6,030 Accounts Receivable 2,100 Prepaid Expenses 700 Equipment 13,700 Accumulated Depreciation $ 1,100 Accounts Payable 1,900 Notes Payable 4,200 Capital Stock 12,940 Dividends 790 Fees Earned 8,750 Wages Expense 2,500 Rent Expense 1,960 Utilities Expense 775 Depreciation Expense 250 Miscellaneous Expense 85 ______
Totals $28,890 $28,890 Determine the net income (loss) for the period.
a. Net Loss $5,570
b. Net Income $3,180
c. Net Loss $790
d. Net Income $2,390
b
You might also like to view...
Masspersonal communication is best reflected in which example?
a. the Obama campaign using text messages to announce campaign decisions b. the number of Facebook posts you had in one day c. the nightly news on a television channel you flipped to d. an engagement announcement at your parents’ house
What is a disadvantage of using the forcing style?
a. It costs the company more money. b. It is time-consuming. c. Overuse leads to hostility and resentment. d. Your needs aren’t satisfied.
You have decided to accept another position and must write a refusal letter to a firm that had also offered you a job. The message should be written
a. deductively, opening with a pleasant comment regarding the interview, stating the refusal, and ending with a forward-looking statement. b. inductively, opening with an explanation about why the job offer is being refused, followed by the refusal, and ending with a pleasant statement. c. inductively, opening with the nature of the subject, followed by the reasons for the refusal, stating the refusal, and ending with a pleasant thought. d. deductively, opening with the refusal, followed by the reasons for the refusal, and ending with an apology for taking the interviewer's time.
Benjamin will be giving a presentation in class about the history of Google. What organizational pattern will he most likely use?
A) Chronology B) Simple/complex C) Geography/space D) Value/size