The Following Are the Ending Month's Balances for Toys Galore

question 79

Essay

The following are the ending month's balances for Toys Galore. $\begin{array}{|l|r|}\hline \text { Accounts payable } & \$ 6,790 \\\hline \text { Revenues } & 8,680 \\\hline \text { Cash } & 4,500 \\\hline \text { Expenses } & 1,050\\\hline \text { Furniture } & 8,370 \\\hline \text { Accounts receivable } & 7,710 \\\hline \text { Capital } & 930 \\\hline \text { Notes payable } & 5,230\\\hline\end{array}$ What is the net income for Toys Galore for September?
A) $8,680
B) $1,050
C) $7,630
D) $970

• A) $8,680
• B) $1,050
• C) $7,630
• D) $970

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Definitions:

Moral Therapy

A psychological approach from the 19th century emphasizing humane treatment and moral discipline to rehabilitate mental illness, focusing on individual patient attention.

North America

A continent entirely within the Northern Hemisphere and almost all within the Western Hemisphere. It is bordered by the Arctic Ocean to the north, the Atlantic Ocean to the east, the Pacific Ocean to the west, and South America and the Caribbean Sea to the south.

Mental Institution

A facility specialized in the treatment and care of individuals with mental health disorders.

Moors

A term historically used to refer to Muslim inhabitants of the Maghreb, the Iberian Peninsula, Sicily, and Malta during the Middle Ages.