The Balance Sheet of Ryan and Peter Firm as at 30

question 49

Multiple Choice

The balance sheet of Ryan and Peter firm as at 30 June 2017 is given below.

Ryan and Peter share profits in the ratio 3:2.They have decided to liquidate the partnership with immediate effect.The furniture and the equipment were sold at a cumulative loss of $57,000.The accounts receivable were duly received in cash and the other assets were written off as worthless.The cash balance remaining to pay the liabilities is:

• A) $35,000.
• B) $92,000.
• C) $41,000.
• D) $11,000.

Distinguish between various career paths in psychology, including academia, clinical practice, and research specializations.

Understand the principles and goals of positive psychology and its criticism.

Comprehend the relationship between psychology and empirical methods.

Recognize the distinction between clinical psychologists, psychiatrists, and other mental health professionals.

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Definitions:

Fat

A macronutrient that is one of the body's primary sources of energy, playing crucial roles in hormone production, cell structure, and absorption of vitamins.

Energy Density

A measure of the energy (calories) a food provides relative to its weight, high in fats and sugars means high energy density.

Complex Carbohydrate

Carbohydrates composed of sugar molecules strung together in long, complex chains, found in foods such as fruits, vegetables, grains, and beans.

Whole Grain

Food products made from the entire grain seed, including the bran, germ, and endosperm, offering health benefits like reducing heart disease risk.