Complete the Income Statement

question 6

Multiple Choice

Complete the income statement.
-Central Data Inc. had gross sales of $212,000 with returns of $5,100. The inventory on January 1 was $56,000. During the year $101,000 worth of goods was purchased with freight of $1,700. The inventory on December 31 was $53,000. Wages and salaries were $54,400, rent was $13,600, advertising was $2,200, utilities were $2,700, business taxes totaled $5,600, and miscellaneous expenses were $3,800.

• A)1)$212,000, 2)$5,100, 3)$206,900, 4)$105,700, 5)$101,200, 6)$82,300, 7)$18,900
• B)1)$212,000, 2)$5,100, 3)$206,900, 4)$105,700, 5)$101,200, 6)$82,300, 7)$29,100
• C)1)$212,000, 2)$5,100, 3)$217,100, 4)$105,700, 5)$111,400, 6)$82,300, 7)$29,100
• D)1)$212,000, 2)$5,100, 3)$206,900, 4)$102,300, 5)$104,600, 6)$82,300, 7)$18,900

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Definitions:

Criminalization

The process of making an action or behavior illegal, leading to criminal prosecution and penalties, often applied disproportionately to marginalized groups.

Social Control

Mechanisms, strategies, and institutions by which societies regulate individual behavior and maintain social order, ranging from laws to social norms.

Domestic Violence

Forms of abuse that occur within domestic settings, typically involving a pattern of abusive behavior by one partner against another in an intimate relationship.

Predictor

A variable or factor that can be used to forecast future outcomes or trends.