Net Income Is

question 92

Multiple Choice

Net income is:

• A)added to assets on the balance sheet.
• B)deducted from beginning retained earnings on the retained earnings statement.
• C)added to beginning retained earnings on the retained earnings statement.
• D)deducted from ending retained earnings on the retained earnings statement.

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Definitions:

Respiratory System

The biological system consisting of specific organs and structures used for gas exchange in animals and plants.

Blood Sample

A small quantity of blood taken from the body, typically for laboratory testing or analysis.

Coping Mechanisms

Strategies or actions, both healthy and unhealthy, that individuals use to deal with stressful situations or emotions.

Fluid

A substance that has the ability to flow and conform to the shape of its container, such as liquids and gases.