Which of the Following Accounts Is Not Included in the Calculation

question 220

Multiple Choice

Which of the following accounts is not included in the calculation of net income?

• A)Services revenue.
• B)Wages expense.
• C)Rent expense.
• D)Cash.
• E)Rent revenue.

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Definitions:

Unethical

Actions or behavior that go against moral principles and do not adhere to accepted standards of conduct.

Omitted Information

Essential facts or details that are intentionally or unintentionally left out of a communication.

Report

A structured document that presents information gathered from analysis or investigation, often used to inform decision-making or to communicate findings on a specific topic.

Presentation

The act of showing and explaining the content of a topic to an audience or listener.