Which of the Following Items Would Appear on the Balance

question 63

Multiple Choice

Which of the following items would appear on the balance sheet?
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) Common stock, service revenue, retained earnings, accounts payable, and unearned revenue.
• B) Cash, supplies, prepaid rent, accounts receivable, office equipment, utilities expense, and shaving equipment.
• C) Common stock, cash, supplies, prepaid rent, retained earnings, accounts payable, accounts receivable, office equipment, unearned revenue, and shaving equipment.
• D) Service revenue and utilities expense.
• E) Service revenue, unearned revenue, and utilities expense.

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Definitions:

Casual Friends

Individuals with whom one has a superficial or non-intimate relationship, typically characterized by infrequent interactions or connections based on specific contexts or activities.

Ingratiation

What people actively do to try to make someone like them.

Need To Belong

The Need To Belong is a fundamental human motivation to form and maintain positive, significant interpersonal relationships.

Membership

The state of being part of a group, club, organization, or any body of individuals with a shared interest or purpose.