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How many of the following statements regarding posting and classification are true?
Posting journal entries involves copying the dollar amounts from the journal into the ledger.
If a $100 debit is erroneously posted to an account as a $100 credit, the accounts will be out of balance by
$100.
If a $5,000 liability is misclassified as stockholders' equity then the accounting equation will still balance.
Vulva
The external part of the female genital organs, including the labia majora, labia minora, clitoris, and the opening of the vagina.
Consumer Surplus
The discrepancy between the aggregate amount consumers can and will pay for a product or service and the actual amount they pay.
Total Utility
The total satisfaction or benefit received by consuming a given total quantity of a good or service.
Marginal Utility
The additional utility derived from consuming one more unit of some good or service.
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