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The Balances of Select Accounts of Sandra Inc

question 119

Multiple Choice

The balances of select accounts of Sandra Inc.as of December 31,2015 are given below: The balances of select accounts of Sandra Inc.as of December 31,2015 are given below:   The unearned revenue is the amount of cash received for services to be rendered in January,2016. -What are the total current liabilities shown on the balance sheet? A) $5,700 B) $10,400 C) $12,900 D) $11,700 The unearned revenue is the amount of cash received for services to be rendered in January,2016.
-What are the total current liabilities shown on the balance sheet?


Definitions:

Prices

The monetary value necessary to acquire a good or service.

Income

Periodic earnings from professional activities or financial investments.

Utility Function

A mathematical representation that defines the satisfaction or utility a consumer derives from consuming different bundles of goods and services.

Zinnias

Brightly colored flowers, belonging to the sunflower tribe within the daisy family, known for their long-lasting blooms and variety in size and color.

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