The Accountant for Hobson Electrical Repair Company Failed to Make

question 127

Multiple Choice

The accountant for Hobson Electrical Repair Company failed to make an adjusting entry to record $5,000 of unpaid salaries for the last two weeks of the year.Which of the following is TRUE?

• A) Total revenue is overstated.
• B) Total revenue is understated.
• C) Total expenses are overstated.
• D) Total expenses are understated.

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Definitions:

Myofibril

Specific muscle cell organelle containing a linear arrangement of sarcomeres, which shorten to produce muscle contraction.

Sarcomeres

The basic contractile unit of muscle fiber, consisting of actin and myosin filaments between two Z-lines.

Myofilaments

Protein filaments consisting of actin and myosin that are the primary components of muscle contraction.

Acetylcholine

A neurotransmitter in both the central and peripheral nervous systems that plays key roles in arousal, attention, memory, and muscle activation.