Moving to another question will save this response. Question 6 Which of the following statements best describe liabilities? cost of doing business owners' claims to resources B. distribution to stockholders C. creditors' claims to resources D. A Moving to another question will save this response. EN 97% A Moving to another question will save this response. Question 7 Which of the following items would not appear in a balance sheet? accounts payable notes payable B. c. prepaid rent rent expense D. A Moving to another question will save this response. 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 Moving to another question will save this response. Question 8 of 51 Question 8 8 points Save Answer Spring Corporation started the year with $250,000 common stock and $30,000 retained earnings. During the year, the company reported a net income of $35,000 and distributed dividends of $15,000 and issued additional common stock of $25,000. What is stockholders' equity at the end of the year? $280,000 . $325.000 $300.000 OC $345.000 CD EN 97% 11 PM 5/27/2020 Home End Backspa 8 9 Chapters 1,2,3,5,86 Question Completion Status: 2 6 7 8 90 19 15 22 17 23 18 20 38 21 39 25 26 24 42 27 100 110 120 130 140 29 30 31 32 46 47 48 49 50 28 16 34 37 33 40 35 41 36 43 44 45 51 A Moving to another question will save this response. Question 16 of 51 Question 16 8 points Save Anse The supplies account has a beginning balance of $1,000 and the company purchases additional supplies for $7.000 during the month. If the company has a remaining balance of supplies of $2,000 at the end of the period, what is the amount of supplies used during the period? $6,000 . 58.000 B. $7.000 C. $10,000 OD EN 98% Home