Several amounts from Duggard Company at December 31,2014 are listed below.Answer the questions.
A)Calculate net income for 2014.
B)How much is Duggard Company's retained earnings at the end of 2014?
C)What primary asset account is missing?
Definitions:
Social Role Theory
The theory that much of social behavior is determined by societal expectations and norms associated with each individual's roles.
Self-perception Theory
A psychological theory that suggests individuals develop their attitudes and feelings by observing their own behavior and concluding what attitudes must have caused it.
Symbolic Interactionism
A sociological theory that emphasizes the role of symbols and language in the development of individual identity and social interactions.
Reflective Appraisal
A concept in social psychology referring to how individuals think others perceive them and how those perceptions affect the individual's self-view.
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