Refer to the Following Adjusted Trial Balance There Were No New Capital Contributions During the Year

question 112

Multiple Choice

Refer to the following adjusted trial balance. $$\begin{array} { | l | r | r | } \hline \text { Accounts } & { \text { Debit } } & { \text { Credit } } \\\hline \text { Cash } & \$ 1,700 & \\\hline \text { Accounts Receivable } & 8,600 & \\\hline \text { Office Supplies } & 400 & \\\hline \text { Equipment } & 28,100 & \\\hline \text { Accumulated Depreciation-Equipment } & & \$ 2,000 \\\hline \text { Accounts Payable } & & 1,200 \\\hline \text { Salaries Payable } & & 950 \\\hline \text { Unearned Revenue } & & 450 \\\hline \text { Smith, Capital } & & 3,800 \\\hline \text { Smith, Withdrawals } &1,000 & \\\hline \text { Service Revenue } & &55,600 \\\hline \text { Salaries Expense } &20,000\\\hline \text { Supplies Expense } & 2,200 \\\hline \text { Depreciation Expense- Equipment } &2,000\\\hline \text { Total } & \$ 64,000 &\$ 64,000 \\\hline\end{array}$$ There were no new capital contributions during the year.What will the balance of the Smith,Capital
Account be after the closing entries are posted?

• A) $34,200
• B) $31,400
• C) $35,200
• D) $32,400

Assess and react appropriately to changes in vital signs due to specific injuries or conditions.

Understand the proper sites for obtaining vital signs in patients of different ages and conditions.

Recognize and respond appropriately to abnormal vital signs and symptoms.

Identify and differentiate between various alterations in breathing patterns.

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Definitions:

Quantity Demanded

The total amount of a good that consumers are willing and able to purchase at a given price over a specified period of time.

Quantity Supplied

The total amount of a good or service that producers are willing and able to sell at a given price.

Equilibrium Price

The price level at which the market's offered goods and demanded goods are in balance.

Total Surplus

The sum of consumer surplus and producer surplus, representing the total benefits to society from a market transaction.