The Comparative Balance Sheets of Titan Company for the Years

question 104

Short Answer

The comparative balance sheets of Titan Company for the years ended December 31,2010 and 2011,reported the following selected amounts:


$\begin{array}{l}\begin{array} { l } \\\text { Assets: Office supplies inventory }\\\text { Unearned rent revenue }\\\end{array}\begin{array} { l } 2010 & 2011\\\hline \$ 2,000 & \$ 800 \\11,000 & 10,500\end{array}\end{array}$



The 2011 income statement reported the following: Rent revenue $\quad$$\quad$$\quad$$\quad$$\quad$ $ 12,000
Office supplies expense $\quad$$\quad$ 15,000 Requirements:
A.Calculate the total amount of office supplies purchased during 2011.
B.Calculate the total amount of rent collected during 2011.
C.In what section of the statement of cash flows would the payments for office supplies appear?
D.In what section of the statement of cash flows would the collection for rents appear?

Know the processes and importance of legislation and public policy in societal regulation.

Recognize the significance of incorporating race, class, and gender in sociological research.

Understand the sociological viewpoint on male domination and female subordination.

Develop the ability to link sociological theory with social phenomena, understanding the impact of social structures.

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Definitions:

Procedural Messages

Communications that give instructions or explain how to complete a task or process.

Assignments

Tasks or projects given to individuals or groups as part of their study, work, or duties.

Dominating Roles

Positions or characters in a group or situation that exercise control or authority over others.

Brainstorming

A creative group problem-solving technique that involves the rapid and free flow of ideas.