Based on the Adjusted Account Balances Below What Is the Total

question 87

Multiple Choice

Based on the adjusted account balances below what is the total of the asset side of the adjusted tabular summary? $\begin{array} { l r l r } \text { Service revenue } & \$ 5,300 & \text { Equipment } & \$ 7,400 \\\text { Cash } & 2,525 & \text { Prepaid insurance } & 1,225 \\\text { Unearned service rev. } & 5,320 & \text { Depreciation expense } & 640 \\\text { Salaries and wages expense } & 1,050 & \text { Accum. depreciation } & 1,280 \\\text { Common stock } & 390 & \text { Retained earnings } & 550\end{array}$

• A)$11150
• B)$9870
• C)$11560
• D)$10510

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Definitions:

Productive Behavior

Actions that lead to achieving desirable outcomes, often in terms of work, creativity, or social contributions.

Tranquilizer

Medications used to reduce tension or anxiety, often by depressing nerve function or activity.

Opiate

Opiates are a class of drugs derived from the opium poppy, used primarily for their pain-relieving properties but are also known for their high potential for addiction.

Insulin

A pancreatic-produced hormone that is pivotal in the regulation of blood sugar by contributing to the absorption of glucose into various tissues.