T-Account: Partial List of Account Balances at the End

question 47

Multiple Choice

T-account: Partial list of account balances at the end of the year:
$\begin{array}{lr}\text { Cash } & \$ 28,000 \\\text { Accounts Receivable } & \text { Unknown } \\\text { Equipment } & 35,600 \\\text { Accounts Payable } & 5,900\end{array}$ The amount of total current assets that will be reported on the company's balance sheet at the end of the year is:

• A)$362,600.
• B)$368,500.
• C)$139,500.
• D)$327,000.

---

Definitions:

Chief Sustainability Officer

A corporate executive responsible for integrating and managing an organization’s sustainable practices, ensuring environmental, social, and economic viability.

Energy-efficiency

The goal or method of reducing the amount of energy required to provide products and services.

Ecologically Sustainable

Practices and processes that preserve environmental resources for future generations while meeting current needs.

Renewable Energy

Energy from resources that are naturally replenishing, such as solar, wind, water, and geothermal heat.