At the end of the year, Marsh Manufacturing's net assets were $40,000. Net income calculated by using the capital maintenance concept was $12,000. During the year, additional common stock was issued for $8,000, and $5,000 of dividends were paid. The net assets at the beginning of the year were:. a. $31,000.
b. $37,000.
c. $20,000.
d. $25,000.

Which of the following is a characteristic that can be used to guide the design of service systems? a. services cannot be inventoried. b. services are all similar. c. quality work means quality service. d. services businesses are inherently entrepreneurial. e. even service businesses have internal services.

Below are the steps in the measurement process of external transactions. arrange them from first (1) to last (6). event step post transactions to the general ledger. assess whether the transaction results in a debit or credit to account balances. use source documents to identify accounts affected by an external transaction. analyze the impact of the transaction on the accounting equation. prepare a trial balance. record the transaction in a journal using debits and credits.

Russell's study compared gpa of those students who volunteered for academic study skills training and those who did not elect to take the training. he found that those who had the training also had higher gpa. with which validity threat should russell be most concerned?