Use the Following Information for Questions

question 43

Multiple Choice

Use the following information for questions.
Financial statements for Bernard Corp. are presented below: BERNARD CORP. Total assets on the December 31, 2020 statement of financial position were $ 1,108,000. Accumulated depreciation on the equipment sold was $ 56,000.
-The balance in the Common Shares account at December 31, 2020 was

• A) $ 260,000.
• B) $ 400,000.
• C) $ 460,000.
• D) $ 620,000.

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Definitions:

Doulas

Professional labor assistants who provide support to a mother before, during, and shortly after childbirth.

Anesthesia

The use of drugs to prevent or reduce pain during surgery or other painful procedures.

Labor

The process of childbirth, beginning with contractions of the uterus and ending with the delivery of the baby.

Epidural

A medical procedure involving the injection of anesthesia into the epidural space of the spinal cord to provide pain relief, particularly during childbirth.