Table 4-6
Selected Accounting Data as at December 31, 2019

question 119

Multiple Choice

Table 4-6
Selected accounting data as at December 31, 2019 for Martineau Delivery follows: $$\begin{array} { | l | r | } \hline \text { Cash } & \$ 25,000 \\\hline \text { Accounts payable } & 33,000 \\\hline \text { Accounts receivable } & 34,000 \\\hline \text { Salary payable } & 7,500 \\\hline \text { Supplies } & 6,600 \\\hline \text { Unearned revenue } & 16,500 \\\hline \text { Prepaid rent } & 4,000 \\\hline \text { Mortgage payable (due 2023) } & 48,000 \\\hline \text { Equipment } & 52,000 \\\hline \text { C. Lexus, Capital } & 10,000 \\\hline \text { Accum. amort. -equipment } & 12,000 \\\hline \text { Service revenue } & 69,000 \\\hline \text { Salary expense } & 31,000 \\\hline \text { Accum. amort. -furniture } & 6,000 \\\hline \text { Furniture } & 49,400 \\\hline\end{array}$$
-Referring to Table 4-6, the current ratio is:

• A)0.82.
• B)1.22.
• C)1.46.
• D)0.69.

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A perspective in psychology and other sciences that seeks to explain complex phenomena in terms of simpler biological processes.

Evolutionary Theory

A theoretical framework that explains how biological traits and behaviors evolve over generations through natural selection, genetic drift, mutation, and gene flow.