Complete the Balance Sheet

question 15

Multiple Choice

Complete the balance sheet.
-Jake's Janitorial Service: fixed assets $80,000; long-term notes $58,000; equity $110,000; accounts payable $25,000; notes payable $10,000; inventory $55,000; accounts receivable $49,000; cash
$19,000

• A)Assets: 19,000; 0; 49,000; 55,000; 123,000; 80,000; 203,000 Liabilities: 58,000; 25,000; 83,000; 0; 10,000; 10,000; 93,000 Owner's Equity: 110,000; 203,000
• B)Assets: 19,000; 0; 49,000; 123,000; 55,000; 80,000; 203,000 Liabilities: 58,000; 25,000; 83,000; 0; 10,000; 10,000; 93,000 Owner's Equity: 110,000; 203,000
• C)Assets: 19,000; 0; 49,000; 55,000; 123,000; 80,000; 203,000 Liabilities: 58,000; 25,000; 83,000; 0; 10,000; 10,000; 110,000 Owner's Equity: 93,000; 203,000
• D)Assets: 19,000; 0; 49,000; 55,000; 123,000; 80,000; 203,000 Liabilities: 10,000; 25,000; 35,000; 0; 58,000; 58,000; 93,000 Owner's Equity: 110,000; 203,000

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Definitions:

Collaboration

The process of two or more people or organizations working together to complete a task or achieve a goal.

Motivation Graph

A visual representation designed to show the factors or elements that influence motivation levels over a period of time.

Satisfied Need

A psychological or physiological requirement that has been successfully fulfilled, leading to a state of contentment or satisfaction.

Psychological Needs

Essential components for mental well-being, including feeling loved, secure, and respected, that influence behaviors and motivation.