The Following Is a Listing of Some of the Balance

question 117

Multiple Choice

The following is a listing of some of the balance sheet accounts and all of the income statement accounts for Northview Company as they appear on the company's adjusted trial balance. $\begin{array}{lr}\text { Accounts Payable } & \$ 30,000 \\\text { Accounts Receivable } & 33,000 \\\text { Inventory } & 60,000 \\\text { Advertising Expense } & 36,000 \\\text { Cost of Goods Sold } & 267,000 \\\text { Delivery Expense } & 18,000 \\\text { Income Tax Expense } & 6,000 \\\text { Insurance Expense } & 3,000 \\\text { Rent Expense } & 36,000 \\\text { Sales Revenue } & 480,000 \\\text { Sales Discounts } & 33,000 \\\text { Sales Returns \& Allowances } & 57,000\end{array}$ Income from operations would be:

• A)$18,000.
• B)$30,000.
• C)$33,000.
• D)$36,000.

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Definitions:

Temperament

Temperament refers to the inherent aspects of an individual's personality, including their tendency towards particular emotional responses and behaviors.

Attachment

A deep and enduring emotional bond that connects one person to another across time and space.

Heredity

The passing of traits from parents to their offspring, either through asexual reproduction or sexual reproduction, involving the transfer of genetic information.

Environment

The surroundings or conditions in which a person, animal, or plant lives or operates.