Following Is an Extract of Account Balances of Aztec Moving

question 210

Multiple Choice

Following is an extract of account balances of Aztec Moving Services as of December 31,after the first year of operation. $$\begin{array} { | l | r | } \hline \text { Accounts Receivable } & \$ 4,000 \\\hline \text { Accounts Payable } & 4,000 \\\hline \text { Salaries Expense } & 7,000 \\\hline \text { Repairs Expense } & 700 \\\hline \text { Truck } & 10,000 \\\hline \text { Equipment } & 9,000 \\\hline \text { Notes Payable } & 8,200 \\\hline \text { Cash } & 7,100 \\\hline \text { Supplies Expense } & 1,200 \\\hline \text { Service Revenue } & 35,000 \\\hline \text { Gasoline Expense } & 3,600 \\\hline \text { Salaries Payable } & 300 \\\hline\end{array}$$ What is the amount of total assets at the end of the year?

• A) $14,000
• B) $30,100
• C) $19,000
• D) $26,100

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Definitions:

Anxiety

A feeling of worry, nervousness, or unease about something with an uncertain outcome, often accompanied by physical sensations such as increased heart rate.

Unconscious Mind

The part of the mind that is beyond consciousness, harboring thoughts, memories, and desires that are not immediately accessible but influence behavior.

Superego

The part of the personality in Freudian psychoanalysis that represents internalized ideals and provides standards for judgment.

Freud

Sigmund Freud, an Austrian neurologist who established psychoanalysis, a technique for addressing mental disorders through conversations between a patient and a psychoanalyst.