La More Company Had the Following Transactions During 2021

question 135

Multiple Choice

La More Company had the following transactions during 2021.
-Sales of $9,000 on account
-Collected $4,000 for services to be performed in 2022
-Paid $2,650 cash in salaries
-Purchased airline tickets for $500 in December for a trip to take place in 2022
What is La More's 2021 net income using cash basis accounting?

• A)$10,350
• B)$1,350
• C)$9,850
• D)$850

Identify the roles and challenges faced by whistle-blowers within organizations.

Analyze the impact of organizational and societal pressures on ethical conduct.

Assess the influence of personal and professional characteristics on ethical decision-making.

Understand the consequences of unethical behavior in business and its impact on stakeholders.

---

Definitions:

Counterproposal

A proposal offered in response to one previously made, often as a form of negotiation or compromise.

Engineering Graduate

An individual who has received a degree in engineering from a college or university.

Constructive Criticism

Feedback intended to provide helpful and specific suggestions for improvement in a positive manner.

Demonstrate Authority

Showing expertise or command over a particular subject area or topic, often to persuade or inform others.