The following account balances were drawn from the Year 1 financial statements of Grayson Company: Cash$8,800 Accounts payable$2,500 Accounts receivable$3,000 Common stock ? Land$16,000 Retained earnings, Jan. 1$5,400 Revenue$19,000 Expenses$14,500 What is the balance of the Common Stock account?
A. $15,400
B. $20,800
C. $19,900
D. $900
Answer: A
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A company's marketing decisions may be questioned by consumer organizations, environmental groups, minority groups, and others. These organizations and groups are also known as ________
A) media publics B) marketing intermediaries C) customers D) citizen-action publics E) internal publics
What is NOT a role of current HRM?
a) Recruitment b) Training c) Performance management d) Line management
All of the following are considered a major consideration in determining an advertising budget except
A. the product life cycle. B. the role of advertising in overall promotional objectives. C. the nature of the product. D. the budgeting method used. E. the nature of the market.
The following information is available for Brendon Company before closing the accounts. What will be the amount in the Income Summary account that should be closed to Brendon, Capital? J. Brendon, Capital$120,000?J. Brendon, Withdrawals 36,500?Fees earned 200,000?Depreciation Expense-Equipment 13,000?Wages expense 76,000?Interest expense 3600?Insurance expense 12,600?Rent expense 26,000?
A. $43,500. B. $83,500. C. $45,300. D. $68,800. E. $32,300.