These Accounts Are Among the Accounts in Barrelhouse Pub's Trial

question 106

Multiple Choice

These accounts are among the accounts in Barrelhouse Pub's trial balance: $\begin{array}{lr}\text { Cash } & \$ 23,000 \\\text { Accounts Payable } & 9,000 \\\text { Owner's Capital } & 47,000 \\\text { Owner's Drawing } & 6,000 \\\text { Food Revenue } & 90,000 \\\text { Utilities Expense } & 4,000\end{array}$ Based on these accounts only, what are the total credits in Barrelhouse Pub's trial balance?

• A) $79,000.
• B) $103,000.
• C) $142,000.
• D) $146,000.

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Definitions:

Corporate Social Responsibility

Corporate social responsibility (CSR) involves businesses undertaking initiatives to contribute positively to society and the environment beyond their core economic motives.

Competitive Markets

Markets characterized by the presence of multiple sellers and buyers, leading to a high level of competition and consumer choice.

Pure Monopoly

A pure monopoly exists when a single company or entity is the sole provider of a particular product or service, facing no competition in its market.

Monopolistic Competition

A market configuration where numerous firms offer similar, yet not identical, products, providing them with a certain level of market influence.