Shareholders Invest $100 000 in a Business

question 34

Multiple Choice

Shareholders invest $100 000 in a business.Inventory of $80 000 is bought on credit and damaged inventory that was purchased on credit for $10 000 was returned.Equipment costing $200 000 was purchased,which was financed by a loan from the seller,repayable in five years.The business paid $40 000 to accounts payable.Total assets increased by:

• A) $100 000.
• B) $170 000.
• C) $330 000.
• D) none of the answers provided.

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Definitions:

Medication Administration

The process by which drugs are provided to and taken by a patient, as prescribed by a healthcare provider.

Epidural Catheter

An Epidural Catheter is a tube inserted through the back into the epidural space to deliver drugs for pain relief, especially during surgery or childbirth.

Pneumonectomy

A surgical procedure that involves the removal of an entire lung.

Bupivacaine

A local anesthetic used for numbing specific areas of the body during surgery or certain medical procedures.