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

question 9

Multiple Choice

Table 4-4
Selected accounting data as at December 31, 2019 for Huma Delivery follows: $$\begin{array} { | l | r | } \hline \text { Cash } & \$ 11,000 \\\hline \text { Accounts payable } & 8,000 \\\hline \text { Accounts receivable } & 5,500 \\\hline \text { Salary payable } & 6,300 \\\hline \text { Supplies } & 1,200 \\\hline \text { Unearned revenue } & 2,200 \\\hline \text { Prepaid rent } & 4,600 \\\hline \text { Mortgage payable (due 2023) } & 5,500 \\\hline \text { Equipment } & 22,000 \\\hline \text { J. Huma, Capital } & 19,900 \\\hline \text { Accum. amort.-equipment } & 6,100 \\\hline \text { Service revenue } & 29,000 \\\hline \text { Salary expense } & 8,000 \\\hline \text { Furniture } & 12,000 \\\hline \text { Accum. amort. -furniture } & 4,000 \\\hline \text { Amortization expense } & 6,800 \\\hline \text { Utilities expense } & 4,300 \\\hline \text { Rent expense } & 5,600 \\\hline\end{array}$$
-Referring to Table 4-4, current assets and total assets are:

• A)$17,700 and $46,200, respectively.
• B)$17,700 and $41,600, respectively.
• C)$22,300 and $46,200, respectively.
• D)$22,300 and $56,300, respectively.

---

Definitions:

Environmental Forces

External factors that affect an organization's performance and operations, including economic, political, technological, and cultural influences.

Successes And Failures

Refers to the outcomes of actions, initiatives, or projects, indicating whether objectives were met (success) or not (failure).

Trait Approach

A theory in psychology that attributes personality and behavior to consistent patterns of inherent traits or characteristics within an individual.

Leadership

The process of guiding and influencing the behavior and work of others towards the achievement of specified goals in a given situation.