Given the Following Adjusted Tabular Summary Amounts What Is the Amount of Total Assets on the Balance

question 93

Multiple Choice

Given the following adjusted tabular summary amounts: $\begin{array} { l r } \text { Cash } & \$ 831 \\\text { Accounts receivable } & 1,049 \\\text { Inventory } & 1,562 \\\text { Prepaid rent } & 43 \\\text { Equipment } & 150 \\\text { Accumulated depreciation-equipment } & 26 \\\text { Accounts payable } & 41 \\\text { Unearned service revenue } & 86 \\\text { Common stock } & 103 \\\text { Retained earnings } & 3,305 \\\text { Service revenue } & 159 \\\text { Interest revenue } & 28 \\\text { Salaries and wages expense } & 80 \\\text { Travel expense } & 33\end{array}$ What is the amount of total assets on the balance sheet?

• A)$3635
• B)$3609
• C)$3748
• D)$3722

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Definitions:

Strong

In the context of materials, it refers to the ability to withstand force or pressure without breaking or deforming.

Air Pressure

The force exerted by the weight of air on the Earth's surface, influencing weather patterns and conditions.

Altitude

The height or elevation of a point above a specific reference level, usually above sea level.

Explanatory

Pertaining to a variable in a statistical model that is used to explain or predict changes in a response variable.