The Assets and Liabilities of Bennett Designs at December 31

question 125

Multiple Choice

The assets and liabilities of Bennett Designs at December 31, the end of the current year, and its revenue and expenses for the year are listed below. What were the total assets on December 31?

• A)$238,060
• B)$236,390
• C)$309,840
• D)$33,430

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Definitions:

Chunking

A memory technique involving organizing information into familiar, manageable units or groups.

Flashbulb Memories

Vivid, detailed memories of significant or shocking events that feel as if they were imprinted onto the brain like a photograph.

Elaborative Rehearsals

A memorization method that involves thinking about the meaning of the term to be remembered, rather than merely repeating the word itself.

Eidetic Images

Unusually vivid and detailed mental images that can be recalled with high precision, often referred to as “photographic memory.”