Best Plumbing Company Provides Plumbing Services

question 144

Multiple Choice

Best Plumbing Company provides plumbing services.Selected transactions of Best Plumbing Company are described as follows:
A.Received a $9,000 cash contribution from the owner,June Sharon.
B.Paid $6,000 cash for equipment to be used for plumbing repairs.
C.Borrowed $9,000 from a local bank and deposited the money in the checking account.
D.Paid $800 rent for the year.
E.Paid $200 cash for plumbing supplies to be used next year.
F.Completed a plumbing repair project for a local lawyer and received $6,000 cash.
Calculate the net income.Assume plumbing supplies of $200 are left.

• A)$600
• B)$5,800
• C)$6,000
• D)$5,200

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Definitions:

Meiosis II

Meiosis II is the second division in the process of meiosis, a type of cell division specific to the production of gametes, resulting in four haploid cells from the original diploid cell.

Parthenogenesis

A form of asexual reproduction where an organism develops from an unfertilized egg.

Acrosomes

Enzyme-cap structures at the tip of sperm cells that help penetrate the egg during fertilization.

Nutrients

Nutrients are substances obtained from food that are vital for growth, metabolism, and for other body functions.