Donaldson's Delivery Company Began Operations on January 1,2019 What Is the Net Income for the Year Ended December

question 216

Multiple Choice

Donaldson's Delivery Company began operations on January 1,2019.The following Trial Balance was prepared on December 31,2019. Donaldson's Delivery Service Company
Trial Balance
December 31,2019
$$\begin{array} { l c c } \text { Accuunt Title } & \text { Debit } & \text { Credit } \\\text { Cash } & \$ 15,500 & \\\text { Accounts Receivable } & 8,000 & \\\text { Prepaid Rent } & 2,400 & \\\text { Office Supplies } & 1,400 & \\\text { Larnd } & 25,000 & \\\text { Building } & 32,000 & \\\text { Equipment } & 23,000 & \\\text { Accounts Payable } & & \$ 10,400 \\\text { Unearned Reveruse } & & 2,500 \\\text { Notes Payble } & & 20,000 \\\text { Donaldson, Capital } & & 57,000 \\\text { Donaldson, Withdrawals } & 6,400 & \\\text { Service Reveriue } & & 83,900 \\\text { Salaries Expense } & 28,000 & \\\text { Rent Expense } & 18,000 & \\\text { Truck Expense } & 12,400 & \\\text { Office Expense } & \underline{1,700 } &\underline{\quad\quad} \\\text { Total } & \underline{\$173,800}& \underline{\$173,800} \\\end{array}$$ What is the net income for the year ended December 31,2019?

• A) $17,400
• B) $23,800
• C) $26,300
• D) $74,400

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Definitions:

MAC Address

A unique identifier assigned to network interfaces for communications at the data link layer of a network segment.

Destination MAC

Refers to the Media Access Control address targeted in a network packet, which identifies the specific hardware device the packet is intended for.

Traffic Received

Data that is received by a computer network from external sources, often measured to analyze network usage or performance.

UDP

User Datagram Protocol, a communications protocol used across the Internet that allows for the sending of datagrams without prior communications to set up special transmission channels or data paths.