Andrea Conaway Opened Wonderland Photography on January 1 of the Current

question 79

Multiple Choice

Andrea Conaway opened Wonderland Photography on January 1 of the current year.During January,the following transactions occurred and were recorded in the company's books:
1) Conaway invested $13,500 cash in the business.
2) Conaway contributed $20,000 of photography equipment to the business.
3) The company paid $2,100 cash for an insurance policy covering the next 24 months.
4) The company received $5,700 cash for services provided during January.
5) The company purchased $6,200 of office equipment on credit.
6) The company provided $2,750 of services to customers on account.
7) The company paid cash of $1,500 for monthly rent.
8) The company paid $3,100 on the office equipment purchased in transaction #5 above.
9) Paid $275 cash for January utilities.
Based on this information,the balance in the cash account at the end of January would be:

• A)$41,450.
• B)$12,225
• C)$18,700.
• D)$15,250.
• E)$13,500.

---

Definitions:

Borderline Personality Disorder

A mental health disorder marked by patterns of ongoing instability in moods, behavior, self-image, and functioning.

Eclectic or Multimodal Therapy

A therapeutic approach that combines techniques from various therapeutic modalities to tailor treatment to a client's individual needs.

Psychodynamic Therapies

A group of therapies that focus on unconscious processes as they are manifested in an individual's present behavior, aiming at self-awareness and understanding of the influence of the past on present behavior.

Behavior Therapy

A type of psychotherapy that focuses on changing unhealthy behaviors through conditioning and other learning principles.