The following information was extracted from the accounting records of Vogel Company:
Beginning Paid-in Capital $90,000
Beginning Retained Earnings $300,000
Beginning Assets $455,000
Contributions by Owners $0
Revenues $200,000
Expenses $155,000
At the beginning of the period, what is the total amount of liabilities?
A) $65,000
B) $100,000
C) $155,000
D) $245,000
A
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Which of the following statements about mission statements is true?
a. it states how a company will meet the needs of its customers. b. it should express the organization's purpose c. it must be communicated throughout the organization d. all of the above are true.
The assumption underlying polygraph (or lie detector tests) is that lying can be detected by the specialist through the detection of changes in the subject's voice modulation pattern
Indicate whether the statement is true or false