Following Are Transactions of Gotebo Tanners,Inc

question 87

Multiple Choice

Following are transactions of Gotebo Tanners,Inc.,a new company,during the month of January 2012:
1.Issued 10,000 shares of common stock for $15,000 cash.
2) Purchased land for $12,000,signing a note payable for the full amount.
3) Purchased office equipment for $1,200 cash.
4) Received cash of $14,000 for services provided to customers during the month.
5) Purchased $300 of office supplies on account.
6) Paid employees $10,000 for their first month's salaries.
How many of these transactions decreased Gotebo's total assets?

• A)One.
• B)Two.
• C)Three.
• D)Four.

---

Definitions:

Experimenter Bias

A form of cognitive bias that can affect the outcome of research, originating from the researcher's expectations, attitudes, or behaviors influencing the subjects or results.

Research Design

The overall strategy and structure of an investigation aiming to answer research questions by outlining procedures for collecting, analyzing, and interpreting data.

Naturalistic Observation

Naturalistic observation is a research method in which subjects are observed in their natural environment without any manipulation by the observer.

Discriminatory Behaviour

Actions based on prejudice or bias that unfavorably treat or affect individuals or groups based on characteristics such as race, age, gender, or religion.