The Following Information Is Available from the Adjusted Trial Balance

question 146

Multiple Choice

The following information is available from the adjusted trial balance of the Harris Vacation Rental Agency. After closing entries are posted, what will be the balance in the Sue Harris, Capital account?

$\begin{array} { l r } \text { Total revenues } & \$ 125,000 \\\text { Total expenses } & 60,000 \\\text { Sue Harris, Capital } & 80,000 \\\text { Sue Harris, Withdrawals } &15,000\end{array}$

• A) $130,000.
• B) $65,000.
• C) $80,000.
• D) $280,000.
• E) $145,000.

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Definitions:

Managing Emotions

Involves recognizing, understanding, and properly expressing and regulating one's emotions for better personal and social functioning.

Self-Talk

The internal dialogue or conversation that individuals have with themselves in their thinking process.

Mindfulness-Based Stress Reduction

A program that uses mindfulness meditation to address stress, anxiety, depression, and pain.

Situational Flexibility

The ability to adapt one's approach or behavior according to the specific circumstances or demands of a situation.