During January, Bruni Corporation Earned Revenue Of $€ 45,000$ , Incurred Expenses Of

question 64

Multiple Choice

During January, Bruni Corporation earned revenue of $€ 45,000$ , incurred expenses of $€ 22,000$ , and paid dividends of $€ 3,000$ . The income statement will report net income for the month of

• A) \(€ 20,000\)
• B) \(€ 23,000\)
• C) \(€ 26,000\)
• D) \(€ 45,000\)

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Definitions:

Gills

The respiratory organ found in many aquatic organisms that extracts oxygen from water and expels carbon dioxide.

Chitin-Hardened Jaws

Structural feature referring to jaws strengthened by chitin, a fibrous substance forming the exoskeleton of arthropods and other organisms.

Marine Polychaetes

A diverse class of annelid worms, commonly known as bristle worms, that live in various marine environments.