Examlex

Solved

The Following Transactions Have Been Journalized and Posted to the Proper

question 181

Multiple Choice

The following transactions have been journalized and posted to the proper accounts.March is the first month of business operations for the sole proprietorship. Mar. 1 The business received $7,000\$ 7,000 cash from the owner in excharige for capital.
Mar. 2 Paid the first month's rent of $800\$ \mathbf { 8 0 0 } .
Mar. 3 Purchased equipment by paying $3,000\$ 3,000 cash and executing a note payable for $4,000\$ 4,000 .
Mar. 4 Purchased office supplies for $750cash\$ 750 \mathrm { cash } .
Mar. 5 Billed a client for $12,000\$ 12,000 of design services completed.
Mar. 6 Received $6,000\$ 6,000 on account for the services previously recorded What is the ending balance in the Service Revenue account?

Grasp the concept and function of interferons in the innate immune defense.
Identify and explain the mechanisms of innate and adaptive immunity.
Recognize the body's external and internal defense mechanisms against pathogens.
Understand the role of antihistamines in controlling allergic reactions.

Definitions:

Total Risk

The complete set of risks associated with an investment, including both systematic and unsystematic risks.

Systematic Risk

Refers to the risk inherent to the entire market or market segment that cannot be mitigated through diversification.

Unsystematic Risk

The danger linked to a particular corporation or sector that can be minimized by spreading investments.

Systematic Risk

The inherent risk associated with the entire market or market segment, also known as market risk.

Related Questions