La More Company Had the Following Transactions During 2013

question 134

Multiple Choice

La More Company had the following transactions during 2013.
-Sales of $4,500 on account
-Collected $2,000 for services to be performed in 2014
-Paid $1,325 cash in salaries
-Purchased airline tickets for $250 in December for a trip to take place in 2014
What is La More's 2013 net income using cash basis accounting?

• A) $5,175
• B) $675
• C) $4,925
• D) $425

Recognize the benefits of presenting information in a well-organized manner in business communications.

Understand what constitutes the scope of a business message and its implications.

Know how to incorporate examples and evidence effectively in business communications.

Determine the suitability of the indirect approach in certain communication scenarios.

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Definitions:

Emotional Problems

Psychological issues or disorders that affect an individual's emotional well-being and ability to function.

Withdrawn

Relating to a person who has become socially detached or not communicative, often due to emotional or psychological reasons.

Acting Out Behaviors

Externalizing behaviors through which an individual expresses internal conflicts or emotions, often in a disruptive or inappropriate manner.

Academic Achievement

The extent to which a student has attained their short or long-term educational goals, often measured by standardized tests or grades.