Net Income Is

question 18

Multiple Choice

Net income is:

• A)deducted from beginning retained earnings on the retained earnings statement.
• B)added to assets on the balance sheet.
• C)added to beginning retained earnings on the retained earnings statement.
• D)deducted from ending retained earnings on the retained earnings statement.

---

Definitions:

Stressful Life

Conditions or situations in one's life that cause physical or emotional tension.

Schizophrenia

A mental health disorder characterized by distortions in thinking, perception, emotions, language, sense of self, and behavior, often resulting in hallucinations, delusions, and cognitive difficulties.

Catatonia

A psychiatric condition characterized by motor disturbances, including immobility, repetitive motions, or resistance to movement.

Flat Affect

A severe reduction in emotional expressiveness where individuals appear extremely calm and impassive, often seen in mental health conditions.