Davis Company Has the Following Accounts and Balances at the End

question 87

Multiple Choice

Davis Company has the following accounts and balances at the end of the year:
Cash, $1,200
Accounts Receivable, $280
Office Equipment, $3,000
Accounts Payable, $1,400
Income from Services, $3,500
Rent Expense, $670
Salaries Expense, $1,000
R. Davis, Capital at the beginning of the year was $2,050. Rob Davis also withdrew $800 from the company during the year. What is net income for the year?

• A) $1,830
• B) $3,500
• C) $1,030
• D) $5,080

Identify the psychological response to stress or threat in terms of defense mechanisms.

Understand the concept of reaction formation and how it manifests behaviorally.

Recognize the use of rationalization to justify behaviors or attitudes.

Understand Freud's perspective on personality development through interactions with patients.

---

Definitions:

Lectern

A reading desk, often found in public speaking venues, from which speeches or lectures are given.

Vocabulary

Refers to the set of words known and used by a person in speech and writing.

PowerPoint

A software program designed for creating and delivering presentations with slides that can include text, images, and multimedia.

Laser Pointer

A small handheld device that emits a focused beam of light to highlight points of interest during presentations.