Question

help pleaas

HSA 4170 Exam 2 Study Guide-80 Questions Chapter 4: 1. At ABC company, if assets equal $50,000 and liabilities equal $30,000, what is the total of liabilities and net worth? A) $20,000 B) $50,000 C) $70,000 D) None of these is correct 2. At XYZ corporation, amount? etaned earnings are $10.000 and labases are $25,000, what is the total asset A) $35,000 B) $50,000 C) An unknown figure D) None of these is correct 3. At the General Care Clinic, if total assets are $100,000, long-term assets are $60,000, and other assets are $10,000, what is the current asset amount? A) $30,000 B) $40,000 C) $70,000 D) None of these is correct 4. Equity is the A) money value of property. B) ownership right in property. C) money value of property and the ownership right in property. D) None of these is correct 5. At the Worth&Williams Clinic, i short-term liabilities are $10,000, long-term iabilities are S70,000, owners' equity is $30.000, and current assets are $20,000, what is the total asset figure A) $100,000 HSA 4170 Exam 2 Study Guide -80 Questions B) $110,000 C) $130,000

Answer 1

Q. No. 37. Answer : is " A "

Because the amount earned by the organization we can called as revenues.

So the answer is " A ".

Q. No. 38. Answer : is " A "

Because revenues are received in the form of cash, if the receivables also in later days converts into a cash.

So the answer is " A ".

Q. No. 40 : answer :

Yes it is " true "

Because revenue means or it represents the total income earned by a company before expenses are deducted,

So it is true.

Q. No. 41. Answer : is " A "

Because Revenue represents the the amount of money that a company actually receives during a specific period including discounts and dedications.

So the answer is " A ".