Monaco & Associates
Use the Following Five Transactions for Monaco $\quad$

question 97

Multiple Choice

Monaco & Associates
Use the following five transactions for Monaco & Associates to answer the following question.
Oct. 1 $\quad$ Bills are sent to clients for services provided in September in the amount of $\$ 800$ .

9 $\quad$ Dravo Co. delivers office furniture $( \$ 1,060 )$ and office supplies $( \$ 160 )$ to Monaco leaving an invoice for $\$ 1,220$ .

15 $\quad$ Payment is made to Dravo Co. for the furniture and office supplies delivered on October 9 .

23 $\quad$ A bill for $\$ 430$ for electricity for the month of September is received and will be paid on its due date in November.

31 $\quad$ Salaries of $\$ 850$ are paid to employees.
-See the transactions for Monaco & Associates. ?
Based only on these transactions,what is the total amount of expenses that should appear on the income statement for the month of October?

• A)$430
• B)$850
• C)$1,280
• D)$1,440

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Water Buoyancy

The upward force exerted by a fluid that opposes the weight of an immersed object.

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Microscopic plant-like organisms that live in aquatic environments, forming the foundation of most oceanic and freshwater food chains.

Coastal Zone

The interface where the land meets the ocean, encompassing both the coastal land areas and the adjacent marine environments.

Continental Shelf

A gently sloping, submerged surface extending from the shoreline towards the deep ocean.