The Balances of Select Accounts of Sandra Inc

question 62

Multiple Choice

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 long-term liabilities shown on the balance sheet?

• A)$1,200
• B)$4,000
• C)$5,200
• D)$25,000

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Definitions:

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An infectious disease caused by the Borrelia bacteria, transmitted to humans through the bite of infected black-legged ticks.

Spirilla

A genus of spiral-shaped bacteria, some of which are known to cause diseases in humans.

Viruses

Infectious agents that replicate only inside the living cells of an organism, which can cause a variety of diseases in humans, animals, and plants.

Budding

A form of asexual reproduction in which a new organism develops from an outgrowth or bud due to cell division at one particular site.