Following Is a List of Account Balances of Lincoln Lawn

question 215

Multiple Choice

Following is a list of account balances of Lincoln Lawn Services as of December 31, after the first year of operations. $$\begin{array} { | l | r | } \hline \text { Accounts Receivable } & \$ 6,000 \\\hline \text { Accounts Payable } & 5,000 \\\hline \text { Salaries Expense } & 7,000 \\\hline \text { Repairs Expense } & 900 \\\hline \text { Truck } & 11,000 \\\hline \text { Equipment } & 12,000 \\\hline \text { Notes Payable } & 26,100 \\\hline \text { Cash } & 20,000 \\\hline \text { Supplies Expense } & 200 \\\hline \text { Service Revenue } & 32,000 \\\hline \text { Gasoline Expense } & 7,200 \\\hline \text { Salaries Payable } & 1,200 \\\hline\end{array}$$ Calculate the net income.

• A) $16,700
• B) $31,100
• C) $17,900
• D) $49,000

---

Definitions:

Motivational Interviewing

A counseling technique that supports individuals in finding their motivation for making behavioral changes, often used in dealing with addictions and promoting health.

Brief Interventions

Short-term counseling or therapy sessions aimed at initiating change or providing support for specific issues or behaviors.

Nutrition Counselors

Professionals who provide guidance and advice on matters related to diet, nutrition, and healthy eating habits.

Eating Behaviors

The practices, habits, and rituals associated with how people consume their meals and snacks.