Following Are Transactions of Gotebo Tanners,Inc

question 67

Multiple Choice

Following are transactions of Gotebo Tanners,Inc. ,a new company,during the month of January: 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 increased Gotebo's liabilities?

• A)Four.
• B)Three.
• C)Two.

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Definitions:

Brainstem

The lower part of the brain that connects the cerebrum with the spinal cord, responsible for regulating basic life functions such as breathing, heartbeat, and blood pressure.

Whole Brain Death

A medical and legal determination of death based on the irreversible cessation of all functions of the brain, including the brain stem.

Motor Reflexes

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Electroencephalogram

A test that detects electrical activity in the brain using small, flat metal discs (electrodes) attached to the scalp.