What Are the Total Assets Shown on the Trial Balance

question 12

Multiple Choice

What are the total assets shown on the trial balance below?
Common stock……$120,000 Accounts payable…...$25,000
Cash……………….$116,640 Accounts receivable..$22,450
Supplies………… $ 1,500 Office equipment…...$23,300
Prepaid rent……....$ 3,200 Unearned revenue….$ 4,152
Service revenue.....$ 20,000 Utilities expense…....$ 422
Retained earnings...$ 30,000 Shaving equipment… $31,640

• A) $291,340
• B) $106,962
• C) $198,730
• D) $218,730
• E) $221,580

Distinguish between urban, rural, and suburban life characteristics and their sociological implications.

Analyze the commodification of urban space and its consequences.

Comprehend the stages of demographic transition and their impact on population dynamics.

Explain the development and characteristics of the postmodern city.

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Definitions:

Nebraska

A state in the central United States known for its agriculture and vast prairies.

Annual Precipitation

The total measure of rainfall and snowfall that an area receives over the course of a year.

Temperate Rain Forest

A coniferous biome characterized by cool weather, dense fog, and high precipitation (e.g., the north Pacific coast of North America).

Temperature Range

The difference between the maximum and minimum temperatures in a given area over a period, important for determining climate conditions.