Below Is a List of Various Balance Sheet Accounts and Their

question 55

Multiple Choice

Below is a list of various balance sheet accounts and their balances.
$$\begin{array} { | l | l | } \hline \text { Loan payable - short term } & \$ 1500 \\\hline \text { Salaries payable } & 5000 \\\hline \text { Loan payable -long term } & 25,000 \\\hline \text { Accounts payable } & 3500 \\\hline \text { Unearned revenue } & 1000 \\\hline \text { Interest payable } & 2300 \\\hline\end{array}$$
What are the total current liabilities shown on the balance sheet?

• A) $5800
• B) $13,300
• C) $11,000
• D) $11,800

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Definitions:

Frontal Lobe

A region of the brain located at the front part of the cerebral cortex, responsible for voluntary movement, expressive language, and managing executive functions.

Hypnosis

A mental state of heightened suggestibility, induced by a clinical procedure known by a health professional, where individuals can experience altered awareness and focus.

Selective Attention

The focusing of conscious awareness on a particular stimulus while ignoring others, essential for processing vast amounts of information efficiently.

Temporal Lobes

Regions of the cerebral cortex located beneath the temples, crucial for processing auditory information and encoding memory.