AMB Company's Tabular Analysis at the Beginning of October Consisted

question 119

Multiple Choice

AMB Company's tabular analysis at the beginning of October consisted of the following balances: During October the company issued additional shares of stock for proceeds of $2000.How would this transaction be recorded in the tabular analysis?

• A)Decrease Cash by $2000 and increase Revenue by $2000.
• B)Increase Accounts Receivable by $2000 and increase Revenue by $2000.
• C)Increase Cash by $2000 and decrease Common Stock by $2000.
• D)Increase Cash by $2000 and increase Common Stock by $2000.

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Definitions:

Fluid Balance

The maintenance of the correct volume and concentration of body fluids via mechanisms that regulate fluid intake and excretion.

Interstitial Fluid

The fluid that surrounds the cells in tissues, providing them with nutrients and a means to remove waste.

Lymphatic System

A network of vessels and organs that transport lymph and help in maintaining fluid balance and defending against infections.

Lymph Nodules

Small, localized clusters of dense tissue formed by lymphocytes and macrophages that play an important role in immune response.