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Use the Information That Follows Concerning Ulrich Computer for the Year

question 48

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Use the information that follows concerning Ulrich Computer for the year ending December 31, 2018 for problems
Several accounts and amounts from the financial statements of Ulrich Computer appear below for the year ending December 31, 2018.
 Cash $11,000 Sales Revenue 140,000 Notes Receivable, 6-month 90,000 Cost of goods sold 60,000 Taxes Payable 31,000 Salaries Expense 8,000 Accounts Receivable 34,000 Dividends 42,000 Equipment 150,000 Accounts Payable 8,000 Contributed Capital 30,000 Retained Earnings 40,000 Rent and Utilities Expense 4,000 Income Tax Expense 20,000 Inventory 21,000\begin{array}{ll}\text { Cash } & \$ 11,000 \\\text { Sales Revenue } & 140,000 \\\text { Notes Receivable, 6-month } & 90,000 \\\text { Cost of goods sold } & 60,000 \\\text { Taxes Payable } & 31,000 \\\text { Salaries Expense } & 8,000 \\\text { Accounts Receivable } & 34,000\\\text { Dividends } & 42,000 \\\text { Equipment } & 150,000 \\\text { Accounts Payable } & 8,000 \\\text { Contributed Capital } & 30,000 \\\text { Retained Earnings } & 40,000 \\\text { Rent and Utilities Expense } & 4,000 \\\text { Income Tax Expense } & 20,000 \\\text { Inventory } & 21,000\end{array}
-Calculate total expenses for Ulrich.


Definitions:

Freud

Sigmund Freud, an Austrian neurologist and the founder of psychoanalysis, a clinical method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Conscience

An inner feeling or voice viewed as acting as a guide to the rightness or wrongness of one's behavior.

Surface Of Awareness

Refers to the thoughts, feelings, and perceptions that are readily accessible to an individual's conscious mind.

Unconscious Mind

A component of the mind that houses thoughts, memories, and desires not within the scope of conscious awareness, influencing behavior and decisions.

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