Use the Selected Accounts for Copper Corp $\begin{array}{lr|} & {\text { CASH }} \\\hline 8 / 1 \text { Balance } & 6,000 \\8 / 3 & 500 \\8 / 5 & 400 \\8 / 7 & 900\end{array}$

question 10

Multiple Choice

Use the selected accounts for Copper Corp.presented below to answer the following question(s) . $\begin{array}{lr|} & {\text { CASH }} \\\hline 8 / 1 \text { Balance } & 6,000 \\8 / 3 & 500 \\8 / 5 & 400 \\8 / 7 & 900\end{array}$$\begin{array}{l}\text { ACCOUNTS RECEIVABLE }\\\begin{array}{ll|ll}\hline 8 / 2 & 1,800 & 8 / 7 & 900\end{array}\end{array}$

$\text { DEPOSITS RECEIVED IN ADVANCE }$
$\begin{array}{l}\text { (A Liability Account) }\\\begin{array}{r|rr}\hline &8/3&500 \\\end{array}\end{array}$$\begin{array}{l}\text { SALES }\\\begin{array}{r|rr}\hline 8 / 2 & 1,800 \\8 / 5 & 400\end{array}\end{array}$ ​
-Read the information about Copper Corp. Assuming that there are no other transactions, how much was owed to the club by the membership on August 8th?

• A) $1,800
• B) $1,300
• C) $ 900
• D) $ 500

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Definitions:

Caution

The practice of avoiding potential dangers or mistakes by taking careful measures or considering possible consequences.

Neuroticism

A personality trait associated with experiencing negative emotions like anxiety, depression, and anger more frequently and intensely.

Emotional Events

Occurrences that trigger strong emotional responses, potentially leading to significant psychological effects and behaviors.

Psychoticism

A personality trait or condition marked by a tendency towards aggression, impulsivity, and a detached relationship with reality.