The Following Accounts Were Taken from the Adjusted Trial Balance

question 73

Multiple Choice

The following accounts were taken from the Adjusted Trial Balance columns of the work sheet:
$\begin{array}{l}\begin{array}{lll}\text { Accumulated Depreciation } \\\text { Fees Earned } \\\text { Depreciation Expense } \\\text { Insurance Expense } \\\text { Prepaid Insurance } \\\text { Supplies } \\\text { Supplies Expense }\end{array}\begin{array}{lll}\$ 3,200 \\17,400 \\1,300 \\400 \\4,800 \\900 \\3,800\end{array}\end{array}$
Net income for the period is

• A)$5,500
• B)$11,900
• C)$17,400
• D)$8,700

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Definitions:

Serotonin

Serotonin is a neurotransmitter in the brain that plays a crucial role in regulating mood, emotion, sleep, and appetite, often referred to as the "feel-good" chemical.

Norepinephrine

A neurotransmitter and hormone involved in the body's fight or flight response, affecting heart rate, blood pressure, and glucose metabolism.

Tricyclics

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Depressive Symptoms

Signs and symptoms associated with depression, including persistent sadness, loss of interest in activities, and changes in appetite or sleep.