given info calculate the net income :

accs rec. - 14700, rent expense 7500 insurance exp2100 common stock 24000 service rev- 28300 supplies -4300 def. rev - 1600 income tax exp 4200.

one disadvantage of the corporate form of business is: ?

how many of the following transactions are operating activities?? 1 3 5 or 6 --

Borrow 5000 from bank.

purchase 2000 in supplies.

pay 4800 for insurance policy for the coming year

pay the electric bill of 750

purchase new equipment for 12000

receive 35000 from issuing common stock

pay 18000 to employees from work they completed duribg the year

the primary focus for financial accounting is to provide information useful for:

interesting decisions// credit decisions

a) yes // yes

b) yes // no

c) no// yea

d) no// no

which one ::

investing decisions, but not credit decisions

Investing decisions and credit decisions

Credit decisions, but not investing decisions

Neither investment decisions nor credit decisions