Electrelane Company Showed the Following Balances at the End of Its

question 144

Multiple Choice

Electrelane Company showed the following balances at the end of its first year: $$\begin{array} { l r } \text { Cash } & \$ 4,000 \\\text { Prepaid insurance } & 7,000 \\\text { Accounts receivable } & 5,000 \\\text { Accounts payable } & 4,000 \\\text { Notes payable } & 6,000 \\\text { Common stock } & 2,000 \\\text { Dividends } & 1,000 \\\text { Revenues } & 32,000 \\\text { Expenses } & 25,000\end{array}$$ What did Electrelene Company show as total credits on its trial balance?

• A) $9,000
• B) $44,000
• C) $45,000
• D) $49,000

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Definitions:

Unconscious Process

Mental activities of which individuals are not aware, influencing behaviors and perceptions without conscious realization.

Particular Consequence

Particular consequence refers to a specific result or outcome that follows an action, decision, or behavior, highlighting the direct impact of certain activities.

Classically Conditioned

Refers to a learning process in which a neutral stimulus becomes associated with a meaningful stimulus and acquires the capacity to elicit similar responses.

Operant

In psychology, an operant is any behavior that is strengthened or weakened by the consequences it produces.