The Balances of Select Accounts of Stephanie Company as of December

question 68

Multiple Choice

The balances of select accounts of Stephanie Company as of December 31,2016 are given below.

What amount of total long-term assets would be shown on the balance sheet?

• A)$100,000
• B)$131,500
• C)$132,000
• D)$139,000

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Definitions:

Reflex Arc

The neural pathway that mediates a reflex action, involving sensory receptors, neural pathways, and effectors.

Neural Pathway

Networks of neurons transmitting signals from one part of the brain or spinal cord to another, coordinating body functions.

Skeletal Muscles

Voluntary, striated muscles that are attached to bones by tendons and facilitate movement.

Reflexes

Involuntary and nearly instantaneous movements in response to a stimulus, serving as a protective mechanism for the body.