Tadeo, Inc. had the following account balances at September 30, 2015. What is Tadeo's net income for the month of September?

Accounts Payable	$ 5,800
Capital Stock	12,000
Cash	15,500
Equipment	14,300
Fees Earned	53,000
Miscellaneous Expense	16,800
Rent Expense	4,000
Retained Earnings	7,000
Wages Expense	17,850

Question 1 options:

A)

$14,450

B)

$10,800

C)

$14,350

D)

$27,500

Question 2 (5 points)

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Univeo, Inc. had revenues of $245,000, expenses of $180,000, and dividends of $45,000 during 2015. Which of the following statements is correct?

Question 2 options:

A)	Net income for 2015 totaled $65,000.

B)	Total retained earnings increased by $65,000 during 2015.

C)	Total retained earnings decreased by $20,000 during 2015.

D)	Net income for 2015 totaled $20,000.

Question 3 (5 points)

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Given the following list of accounts, calculate Total Assets:

Accounts Receivable	$ 10,000
Capital Stock	20,000
Cash	25,300
Equipment	16,800
Fees Earned	44,400
Miscellaneous Expense	17,800
Rent Expense	3,250
Retained Earnings	7,850
Salaries Expense	15,400
Wages Expense	15,000

Question 3 options:

A)

$55,300

B)

$40,050

C)

$54,600

D)

$52,100

Question 4 (5 points)

Use the following information to determine Total Stockholders' Equity:

Total Assets	$ 45,000
Total Liabilities	18,000
Total Stockholders' Equity	x
Total Retained Earnings	5,000

Question 4 options:

A)

$27,000

B)

$40,000

C)

$58,000

D)

$32,000

Tadeo, Inc. had the following account balances at September 30, 2015. What is Tadeo's net income for the month of September?

Accounts Payable	$ 5,800
Capital Stock	12,000
Cash	15,500
Equipment	14,300
Fees Earned	53,000
Miscellaneous Expense	16,800
Rent Expense	4,000
Retained Earnings	7,000
Wages Expense	17,850

Question 1 options:

A)

$14,450

B)

$10,800

C)

$14,350

D)

$27,500

Question 2 (5 points)

Saved

Univeo, Inc. had revenues of $245,000, expenses of $180,000, and dividends of $45,000 during 2015. Which of the following statements is correct?

Question 2 options:

A)	Net income for 2015 totaled $65,000.

B)	Total retained earnings increased by $65,000 during 2015.

C)	Total retained earnings decreased by $20,000 during 2015.

D)	Net income for 2015 totaled $20,000.

Question 3 (5 points)

Saved

Given the following list of accounts, calculate Total Assets:

Accounts Receivable	$ 10,000
Capital Stock	20,000
Cash	25,300
Equipment	16,800
Fees Earned	44,400
Miscellaneous Expense	17,800
Rent Expense	3,250
Retained Earnings	7,850
Salaries Expense	15,400
Wages Expense	15,000

Question 3 options:

A)

$55,300

B)

$40,050

C)

$54,600

D)

$52,100

Question 4 (5 points)

Use the following information to determine Total Stockholders' Equity:

Total Assets	$ 45,000
Total Liabilities	18,000
Total Stockholders' Equity	x
Total Retained Earnings	5,000

Question 4 options:

A)

$27,000

B)

$40,000

C)

$58,000

D)

$32,000