Which of the following questions relates to accountability?

Which failure made the CDC lose credibility with the public during the COVID-19 crisis?

Johnson Hospital, a publicly traded company, has provided the following data (ignore income taxes): Total assets at December 31, 20X3, were $177,000. Total liabilities at December 31, 20X3, were $89,000. Contributed Capital at December 31, 20X3, was $28,000. What are Retained Earnings on December 31, 20X3?

During 20X4, Newton Healthcare incurred operating expenses amounting to $100,000 of which $75,000 was paid in cash; the balance will be paid during 20X5. Which of the following is correct for the 20X4 year-end balance sheet?  

ABC Company debited notes receivable and credited accounts receivable for $1,000 on 2/1/20X8. What could be the reason that the Company recorded this journal entry?  

During 20X4, Maple Leaf Imaging Partners earned service revenues amounting to $700,000 of which $630,000 was collected in cash; the balance will be collected in January 20X5. Also in 20X4, there were collections of cash prior to the delivery of goods/services totaling $10,000. What amount should the 20X4 income statement report for service revenues?  

Which of the following direct effects on the accounting equation is not possible as a result of a single business transaction that impacts only two accounts?

At the beginning of April, Kaiser Health Partners’ assets totaled $240,000 and shareholder’s equity totaled $180,000. During April the following summarized transactions occurred: 1. Additional shares of stock were sold for $20,000 cash. 2. A building costing $95,000 was purchased using $10,000 cash and by signing an $85,000 long-term note payable. 3. Short-term investments costing $9,000 were purchased using cash. 4. $8,000 was given to an employee as a loan; the employee signed a six-month note in exchange for the loan. How much are Kaiser’s total liabilities at the end of April? 

At the beginning of April, Baugh Health Partners’ assets totaled $250,000 and shareholders’ equity totaled $165,000. During April, the following summarized transactions occurred: 1. Additional shares of $10 par-value common stock were sold for $25,000 cash. 2. Land costing $105,000 was purchased using $15,000 cash and by signing an $90,000 long-term note payable. 3. Short-term investments costing $12,000 were purchased using cash. 4. $5,000 was given to an employee as a loan; the employee signed a 3 month note in exchange for the loan. The employee has not repaid any of the loan yet.  How much are Baugh’s total liabilities at the end of April? 

A company provided the following data: sales, $500,000; beginning inventory, $45,000; ending inventory, $40,000; and gross profit, $150,000. What was the amount of inventory purchased during the year? Enter your answer without a comma, decimal point, or dollar sign.