After All the Account Balances Have Been Extended to All

question 44

Multiple Choice

After all the account balances have been extended to all columns of the worksheet, the totals of the debit and credit columns for the income statement columns are $35,350 and $38,750, respectively. It can be concluded the company has a:

• A)net income of $3,400.
• B)net loss of $3,400.
• C)$74,100 net loss.
• D)$74,100 net income.

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Definitions:

Adduction

The movement of a limb or other part of the body toward the midline of the body or towards another part of the body.

Contracture

Permanent shortening or contraction of a muscle.

Skeletal Muscle Tissue

A type of muscle tissue that is attached to bones and is responsible for voluntary movements of the body.

Smooth Muscle Tissue

A type of muscle tissue found in the walls of hollow organs like the intestines and blood vessels, which contracts involuntarily.