Professional Documents
Culture Documents
Chapter 2
The Financial Statements
2-1
8. Which one of the following groups of accounts contains only current assets?
a. Inventory, accounts receivable, equipment.
b. Cash, equipment, copyrights.
c. Cash, accounts receivable, merchandise inventory.
d. Patents, copyrights, and trademarks.
10. At the end of 2014, Campbell Company has total assets and liabilities at $42,000 and
$11,000, respectively. Campbell reported net income for 2015 in the amount of $12,000.
How much is shareholders’ equity at the end of 2015?
a. $30,000
b. $22,000
c. $31,000
d. $43,000
EL TEATRO EN EL
CINE ESPAÑOL
UNIVERSIDADDE ALICANTE
Nota: En la presente edición han sido corregidos algunos
errores detectados en la primera y se ha ampliado la
bibliografía con nuvos trabajos publicados reciente-
mente.
I. INTRODUCCIÓN 7