In the First Month of Operations for Pendleton Industries the Total

question 111

Multiple Choice

In the first month of operations for Pendleton Industries the total of the debit entries to the cash account amounted to $33000 ($13000 investment by the owner and revenues of $20000) . The total of the credit entries to the cash account amounted to $21000 (purchase of equipment $8000 and payment of expenses $13000) . At the end of the month the cash account has a(n)

• A) $5000 credit balance.
• B) $5000 debit balance.
• C) $12000 debit balance.
• D) $12000 credit balance.

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Definitions:

Different Environments

Various physical or social settings in which individuals live, work, and interact.

Genotype

The genetic constitution of an individual organism, consisting of the specific allele makeup inherited from its parents.

Plasticity

The capacity of the brain to change and adapt in response to new experiences, learning, or injury.

Neural Connections

The links between neurons in the brain that are essential for processing and transmitting information through synaptic activity.