Cloud Solutions Had the Following Accounts and Balances as of December

question 33

Multiple Choice

Cloud Solutions had the following accounts and balances as of December 31: Using the information in the table, calculate the total assets reported on the balance sheet for the period.

• A) $24,900.
• B) $25,400.
• C) $22,500.
• D) $25,900.
• E) $23,400.

---

Definitions:

Function Block

A reusable software component in industrial automation that encapsulates a specific function or operation, such as mathematical operations, timing, and logic.

IREF

A unique identifier or reference for an item in a database or system, often used in programming and IT contexts.

Momentarily Actuated

Refers to a device or switch that is activated temporarily and returns to its original state after a short interval or when the actuating force is removed.