Consider the Following Account Balances of the Shattuck Law Firm

question 21

Multiple Choice

Consider the following account balances of the Shattuck Law Firm as of December 31, 2012: $$\begin{array} { l r } \text { Accounts Payable } & \$ 4,400 \\\text { Salaries Expense } & 12,800 \\\text { Cash } & 1,700 \\\text { Common Stock } & 2,400 \\\text { Service Revenue } & 8,300 \\\text { Supplies } & 4,300 \\\text { Retained Earnings } & 1,100 \\\text { Utilities Expense } & 5,000\end{array}$$ How many of these accounts would appear in Shattuck's 2012 balance sheet?

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

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Definitions:

Psychiatric Disorder

A mental illness diagnosed by a medical or mental health professional that significantly interferes with an individual's cognitive, emotional, or social abilities.

American Psychiatric Association

A professional organization of psychiatrists aimed at advancing the study, prevention, and treatment of mental illnesses.

Phrenologists

Pseudoscientific practitioners who believed that the shape and size of the cranium could predict personality traits, character, and mental abilities.

Medieval Doctors

Healthcare practitioners in the Middle Ages who often relied on a mixture of religious beliefs, superstition, and early medical practices to treat patients.