The Class of Macromolecules in Microorganisms That Contributes MOST to Biomass

question 63

Multiple Choice

The class of macromolecules in microorganisms that contributes MOST to biomass is

• A) carbohydrates.
• B) DNA.
• C) lipids.
• D) proteins.

Analyze and journalize business transactions and understand their effect on the accounting equation.

Compare and contrast accounting conventions and practices under GAAP and IFRS.

Understand the principles of double-entry accounting and the normal balance for various types of accounts.

Identify and apply the correct process for posting journal entries.

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Definitions:

Retained Earnings

The accumulated net income of a company that has not been distributed to shareholders as dividends.

Paid-in Capital

Funds raised by a company through the issuance of shares to shareholders, representing the funding the company has received from equity rather than from ongoing operations.

Stockholders' Equity

The ownership interest of stockholders in a company, represented by the company's assets minus liabilities.

Treasury Stock

Refers to shares that were once part of the outstanding shares and have been bought back by the issuing company, reducing the amount of stock on the open market.