Use the Following Information for Questions
O' Hara Company

question 193

Multiple Choice

Use the following information for questions
O' Hara Company began operations on December 1, 2011.Presented below is selected information related to O' Hara Company at December 31, 2011. $$\begin{array} { l r l r } \text { Office Equipment } & £ 40,000 & \text { Utilities Expense } & £ 6,000 \\\text { Cash } & 14,000 & \text { Accounts Receivable } & 27,000 \\\text { Service Revenue } & 108,000 & \text { Wages Expense } & 47,000 \\\text { Rent Expense } & 13,000 & \text { Notes Payable } & 10,000 \\\text { Accounts Payable } & 16,000 & \text { Dividends } & 15,000 \\\text { Share Capital } & 28,000 & &\end{array}$$
-Retained earnings at December 31, 2011 is

• A) \(£ 15,000\)
• B) \(£ 22,000\)
• C) \(£ 27,000\)
• D) \(£ 55,000\)

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Definitions:

See in Writing

A request or the need to have information, instructions, or agreements documented in a tangible form.

Communication Style

The characteristic way in which an individual expresses themselves verbally and nonverbally when communicating with others.

Therapeutic Touch

A holistic approach to healing that involves a practitioner passing their hands over a patient's body to rebalance energy.

Kinesthetic

Relating to kinesthesia; the sense of movement and bodily position.