Hesson Properties, Inc -Refer to the Figure Hesson Properties,Inc

question 240

Multiple Choice

Hesson Properties, Inc.The following transactions occurred during June:
$\begin{array}{ll}\text { June 1 } & \text { The company purchased two new maintenance carts on account at } \$ 750 \text { each. } \\&\text { Payment is due in } 30 \text { days. } \\\text { June } 8 &\text { The company accepted } \$ 500 \text { of advance payments from customers for service } \\&\text { to be provided next month. }\\\text { June } 15 & \text { The company received the utility bill for } \$ 300 \text {. Payment is due in } 30 \text { days. } \\\text { June } 20 & \text { The company billed customers } \$ 1,500 \text { for services provided. Payment is due in } \\&\text { 30 days. }\\\text { June } 30 & \text { The company received } \$ 500 \text { from customers who were billed earlier. }\end{array}$
-Refer to the figure Hesson Properties,Inc.How much is still owed to the company by its customers at the end of the month?

• A) $0
• B) $500
• C) $1,000
• D) $1,500

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Definitions:

Tetanus

Tetanus is a serious bacterial infection caused by Clostridium tetani, characterized by muscle stiffness and spasms, often starting in the jaw and then spreading to the rest of the body.

All-Or-None Contraction

A principle stating that a muscle fiber contracts completely or not at all.

Atrophied

Refers to the partial or complete wasting away of a part of the body, typically as a result of degeneration of cells or lack of use.

Hypertrophied

Hypertrophied refers to an organ or tissue that has increased in size due to the enlargement of its cells, often in response to increased demand or stimulus.