Two advantages of investing in mutual funds are diversification and professional management

Sharon Foods, Inc. reported the following transactions for September 2017

a) The business received $22,000 cash and issued common stock. It was credited to Common Stock b) The business purchased office equipment for $9,000 for which $2,500 cash was paid and the balance was put on a note payable. c) Paid insurance expense of $1,500 cash. d) Paid the September utility bill for $900 cash. e) Paid $1,500 cash for September rent. f) The business had sales of $11,000 in September. Of these sales, 60% were cash sales, and the balance was credit sales. g) The business paid $8,000 cash for office furniture. What are the total liabilities at the end of September, 2017? A) $11,000 B) $1,500 C) $6,500 D) $9,000

If the listing broker fails to deliver the square footage disclosure prior to the offer, it is acceptable to have the buyer receive and sign the form at closing.

a. true b. false