Sunlight,Inc

question 68

Multiple Choice

Sunlight,Inc.had the following assets and liabilities as of September 30,2016:

• A)$0
• B)$33,100
• C)$88,100
• D)Cannot be determined with this information

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Definitions:

Mollusks

A large phylum of invertebrate animals, including species like snails, clams, and squids, characterized by a soft body and, in many cases, a calcium carbonate shell.

Echinoderms

Invertebrates with a water–vascular system, and hardened plates and spines in the skin or body.

Annelids

A phylum of invertebrate worms characterized by segmented bodies and often found in moist environments; includes earthworms, leeches, and polychaetes.

Arthropods

represent the largest phylum of animals, including insects, arachnids, and crustaceans, characterized by exoskeletons and segmented bodies.