15. Which of the following is a constraint in presenting financi A) Cost B) Full disclosure C) Relevance D) Consistency 16. The calculation of comprehensive income includes which of the following? Operating Income Yes Distributions to Owners ABOD No No Yes Yes No Yes No 17. Lopez Company received $18,000 on April 1, 2021, for one year's rent in advance and recorded the transaction with a credit to a nominal account. The December 31, 2021, adjusting entry is A) debit Rent Revenue and credit Unearned Rent Revenue, $4,500. B) debit Rent Revenue and credit Unearned Rent Revenue, $13,500. debit Unearned Rent Revenue and credit Rent Revenue, $4,500. D) debit Unearned Rent Revenue and credit Rent Revenue, $13,500. 18. Gregg Corp. reported revenue of $1,650,000 in its accrual basis income statement for the year ended June 30, 2021. Additional information was as follows: Accounts receivable June 30, 2020 $400,000 Accounts receivable June 30, 2021, 530,000 Uncollectible accounts written off during the fiscal year 15,000 Under the cash basis, Gregg should report revenue of A) $1,235,000. B) $1,250,000. C) $1,505,000. D) $1,535,000. 19. Jim Yount, M.D., keeps his accounting records on a cash basis. In 2021, Dr. Yount collected $390,000 from his patients. On December 31, 2020, Dr. Yount had accounts receivable of $40,000. On December 31, 2021, Dr. Yount had accounts receivable of $70,000 and unearned revenue of $10,000. On the accrual basis, how much was Dr. Yount's patient service revenue for 2021? A) $350,000. B) $410,000. C) $420,000. D) $430,000.