1. Of the? following, which is NOT reported on the Balance? Sheet? A. Depreciation Expense B. equipment C. cash D. account payable

2.Express Barber gave 410 haircuts this past month. They charge? $15 per haircut. Expenses incurred during the month were? $3,900 wages,? $318 utilities/water, and? $270 shampoo/styling products.? $2,900 in wages were paid during the? month, the rest of the wageslong dashalong with the utilities and?shampoo/styling products were not paid during the month. What is Express? Barber's net income or loss for the? month?

A. Not enough information provided to calculate net income or loss B. ?$3,250 net income C. ?$1,662 net income D. ?$2,250 net income

3. Which of the following accounts would NOT appear on a postminus?closing trial? balance? A. Dividends B. Common Stock C. Accounts Receivable D. Dividends Payable

4. A company had a normal? $51,000 cash balance on their adjusted trial balance. If? revenues, expenses and dividends respectively were? $91,000; $20,000 and? $3,000 what amount of cash will be found on the postminus?closing trial? balance?

A. ?$122,000 normal balance B. ?$119,000 normal balance C. ?$51,000 normal balance D. ?$165,000 normal balance