QuestionCorrect Mark 10.00 out of 10.00 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 Expense15,000 Select one: 3 a. $40,050 b. $54,600 c. $55,300 d. $52,100The correct answer is: $52,100

QuestionCorrect Mark 10.00 out of 10.00Hofnim, Inc. had the following account balances on September 30, 2016. What is Hofnim's net income for the month of September? Accounts Payable $ 9,900 Capital Stock 15,000 Cash 19,600 Equipment 19,100 Fees Earned 64,000 Miscellaneous Expense 19,700 Rent Expense 5,100 Retained Earnings 5,000 Wages Expense 16,450 Select one: 4 Correct Marks for this submission: 10.00/10.00. 

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Correct Marks for this submission: 10.00/10.00.

2/29/2020Assessment 1 (Practice Questions): Attempt review QuestionCorrect Pelican, Inc. had revenues of $395,000, expenses of $155,000, and dividends of $54,000 during the current year. Based on the given information, which of the following statements is true? Select one: 5 Mark 10.00 out of 10.00