Lori Nichols Started an Engineering Firm,Engineering Enterprises P

question 168

Multiple Choice

Lori Nichols started an engineering firm,Engineering Enterprises P.C.During its first month of operations,the following transactions were completed: I.Lori invested $33,000 in the business,which in turn issued common stock to her.
V.The business received cash from a customer as payment on account $7,000.
At the end of the month,cash equals:

• A)$33,000.
• B)$38,000.
• C)$45,000.
• D)$71,000.

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Definitions:

Abby L. Ferber

An American sociologist known for her work on white nationalism, racism, and the intersections of race, gender, and sexuality.

Jewish

Pertaining to the religion, culture, or ethnicity of Judaism and its followers.

Forever Foreigner

A concept describing the persistent perception of certain ethnic or racial groups as not belonging to the dominant national identity, regardless of their citizenship status.

South Asians

Individuals originating from the southern region of Asia, which includes countries like India, Pakistan, Bangladesh, and Sri Lanka.