A Business Has the Following Transactions: the Business Is Started $\begin{array} { r | r } { \text { Cash } } \\\hline 20,000 & \\& 2,000 \\& 3,000 \\1,500 & 500 \\\hline 16,000 &\end{array}$

question 110

Multiple Choice

A business has the following transactions: The business is started by receiving $20,000 from the owner. The business purchases $500 of supplies on account. The business purchases $2,000 of furniture on account. The business renders services to various clients totaling $9,000 on account. The business pays out $2,000 for Salary expense and $3,000 for Rent expense. The business pays $500 to a supplier for the supplies purchased earlier. The business collects $1,500 from one of its clients for services rendered earlier in the month. At the end of the month, all journal entries are posted to the ledger. The Cash account will appear as follows:

• A) \(\begin{array} { r | r }

---

Definitions:

Contemplation

The act of thoughtful observation or deep consideration, often regarding one's own life, decisions, or circumstances.

Reflections of Affect

Techniques used in counseling to mirror or validate the emotional experiences of a client.

Complex Reflections

The process of deeply understanding and considering multiple aspects and possible interpretations of a situation or statement.

Simple Reflections

Basic expressions or restatements of what someone has said, used to show understanding or clarify communication.