If a Lamp Has Resistance of 120 W When It

question 33

Multiple Choice

If a lamp has resistance of 120 W when it operates at 100 W,what is the applied voltage?

• A)110 V
• B)120 V
• C)125 V
• D)220 V

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Definitions:

Net Loss

The amount by which total expenses exceed total revenues in a company, indicating a financial loss.

Adjusting Entry

A journal entry made at the end of an accounting period to allocate revenue and expenses to the period in which they actually occurred.

Income Summary

An account used in the closing process that summarizes the revenues and expenses for a specific accounting period before transferring the net income to retained earnings.

Net Income

Final earnings of a corporation post deductions of expenses and taxes from its aggregate revenue.