The Following Table Contains Financial Information for Trumpter's Inc What Is the Amount of Trumpter's Total Liabilities?
A) $5,000

question 64

Multiple Choice

The following table contains financial information for Trumpter's Inc. before closing entries: $$\begin{array} { | l | r | } \hline \text { Cash } & \$ 12,000 \\\hline \text { Supplies } & 4,500 \\\hline \text { Prepaid Rent } & 2,000 \\\hline \text { Salaries Expense } & 4,500 \\\hline \text { Equipment } & 65,000 \\\hline \text { Service Revenue } & 30,000 \\\hline \text { Miscellaneous Expense } & 20,000 \\\hline \text { Dividends } & 3,000 \\\hline \text { Accounts Payable } & 5,000 \\\hline \text { Common Stock } & 68,000 \\\hline \text { Retained Earnings } & 8,000 \\\hline\end{array}$$ What is the amount of Trumpter's total liabilities?

• A) $5,000
• B) $78,500
• C) $68,500
• D) $83,500

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Definitions:

Interviewing Techniques

Methods and strategies used during interviews to accurately assess the qualifications, personality, and suitability of candidates.

Discriminatory Questions

Inquiries made during processes like job interviews that are based on, or show bias towards, race, gender, age, religion, nationality, disability or sexual orientation, which are considered unethical and often illegal.

External Recruitment

The process of filling job vacancies with candidates from outside the organization, often to bring in new skills or perspectives.

Realistic Recruitment

An approach to hiring that accurately portrays a job’s responsibilities, benefits, and challenges to potential candidates.