Create an account to track your scores
and create your own practice tests:
Test: CPA Financial Accounting and Reporting (FAR)
1. | Barr Company had the following account balances at the end of Year 1: sales of $250,000; cost of goods sold of $90,000; salaries and wages of $30,000; rent expense of $15,000; advertising costs of $25,000; fixed assets purchased $50,000. What was Barr's net income for Year 1? |
$115,000
$160,000
$90,000
$65,000
Tenease
Certified Tutor
Certified Tutor
Texas Woman's University, Bachelor in Business Administration, Business Administration and Management. Texas Woman's Universi...
Popular Subjects
Statistics Tutors in Atlanta, ACT Tutors in Philadelphia, Statistics Tutors in San Francisco-Bay Area, SSAT Tutors in Atlanta, French Tutors in Los Angeles, French Tutors in Houston, Physics Tutors in Los Angeles, GMAT Tutors in Atlanta, Reading Tutors in San Diego, Calculus Tutors in Dallas Fort Worth
Popular Courses & Classes
MCAT Courses & Classes in Denver, SAT Courses & Classes in Seattle, ACT Courses & Classes in Houston, ISEE Courses & Classes in Philadelphia, ACT Courses & Classes in Chicago, ACT Courses & Classes in Miami, MCAT Courses & Classes in Seattle, SSAT Courses & Classes in Dallas Fort Worth, ISEE Courses & Classes in New York City, ISEE Courses & Classes in Houston
Popular Test Prep
GRE Test Prep in Atlanta, GRE Test Prep in Los Angeles, SAT Test Prep in New York City, GMAT Test Prep in Seattle, ACT Test Prep in Los Angeles, SSAT Test Prep in San Francisco-Bay Area, SSAT Test Prep in Atlanta, GMAT Test Prep in Houston, SAT Test Prep in San Francisco-Bay Area, GMAT Test Prep in Boston
