BUS 3061-Sophia final milestone exam-graded A+-2022
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BUS 3061-Sophia final milestone exam-graded A+-2022 You passed this Milestone 22 questions were answered correctly. 3 questions were answered incorrectly. 1 What are the total liabilities o... f John's Tackle if the total assets are $142,000 and the equity is $39,000? CONCEPT Preparing Balance Sheets 2 If Kevin purchased 175 candles at $3 each and sold 90 candles for $7 each, which of the following is his cost of goods sold? • $525 • $630 • $270 • $735 CONCEPT Merchandising 3 Which illustration below correctly shows Paula opening her baby clothing store with a monetary investment of $9,250.00? CONCEPT Journal Entries 4 Which of the following is NOT a permanent account? CONCEPT Account Groups 5 A company's year-end data shows the following amounts. Current assets $65,000 Current liabilities $25,000 Net income $7,500 Net sales $125,000 Total assets $150,000 CONTINUED...... [Show More]
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