[Solved] The maximum loss that a writer of a naked put can incur is: A) 0 B) the stock price C) unlimited D) the strike price E) None of these answers are correct. Net Income: The profit a company generates after deducting all costs, expenses, and taxes from its total revenue. Accrued Revenue: Revenue that has been earned, but not yet received in cash or recorded in the accounts. Adjusting Entry: A journal entry made at the end of an accounting period to allocate income and expenditure to the appropriate period for accurate financial reporting. Owner's Equity: The residual interest in the assets of a business after deducting liabilities, representing the owner's claim against the company's assets.