Horton Company Reports the Following What Are Total Assets?
A)$2,600
B)$1,600
C)$1,400
D)$1,000
E)$800

question 73

Multiple Choice

Horton Company reports the following: $\begin{array}{ll}\text { Contributed Capital } & \$ 200 \\\text { Total Revenues } & \$ 800 \\\text { Total Liabilities } & \$ 1,200 \\\text { Beginning Retained Earnings } & (\$ 100) \\\text { Total Expenses } & \$ 500 \\\text { Dividends } & \$ \quad 0\end{array}$ What are Total Assets?

• A)$2,600
• B)$1,600
• C)$1,400
• D)$1,000
• E)$800

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Definitions:

Inflammation

The body's response to injury or infection, characterized by redness, warmth, swelling, and pain.

Joint

A structure in the human or animal body at which two parts of the skeleton are fitted together, allowing for movement or flexibility.

Prefix

A set of letters that is added to the beginning of a word to modify its meaning.

Below

A term used to indicate a position lower than a specific reference point.