The income statement of Metlock Inc. for the year ended December 31, 2022, reported the following condensed informatie $640,000 370,000 270,000 27,000 $243,000 Service revenue Operating expenses Income from operations Income tax expense Net income Metlock's balance sheet contained the following comparative data at December 31: Accounts receivable Accounts payable Income taxes payable 2022 2021 $58,500 36,000 4,500 $70,000 50,000 3.700 Metlock has no depreciable assets. Accounts payable pertains to operating expenses. Prepare the operating activities section of the statement of cash flows using the direct method

Identify the minimum cardinality of any REA diagram relationship. O or 1. O or N. 1 or N. None of these.

Select the letter of the item below that best matches the definitions that follow. a. Data Files CD ________  b. Lists ________  c. Forms ________  d. Registers ________  e. Reports and graphs ________  f. Restoring a backup ________  g. Icon bar ________  h. Home page ________  i. Backing up a file ________   1. One click access to QuickBooks Accountant Centers and Home page. 2. The process of rebuilding a backup file to a full QuickBooks Accountant file ready for additional input. 3. Electronic representations of paper documents used to record business activities such as customer invoices, vendor bills, and checks. 4. A big-picture approach of how your essential business tasks fit together organized by logical groups such as customers, vendors, and employees. 5. Groups of names such as customers, vendors, employees, items, and accounts. 6. Contains backups of all the practice files needed for chapter work and completion of assignments. 7.  The process of creating a copy of a…

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