At the beginning of 2024, Ironwood Company had assets of $252,000 and liabilities of $164,000. During 2024, assets increased $29,000 and liabilities increased $7,600. What was stockholders’ equity at December 31, 2024?

Which of the following transactions would result in an increase in the current ratio?

Which of the following assumptions that underlies the preparation of financial statements assumes that companies will continue their operations over time?

Which of the following has primary responsibility to develop Generally Accepted Accounting Principles?

Which of the following account balances would not be affected by closing entries?

Yelena Company received cash from a customer in advance of providing the service to the customer. Which of the following does not accurately describe the impact on the financial statements when Yelena later provides the service?

During 2024, Deham Company earned service revenue amounting to $440,000, of which $380,000 was collected in cash; the balance will be collected in January, 2025. Also, in 2024, there were collections of cash prior to the delivery of goods and services totalling $30,000. What amount should the 2024 income statement report for service revenue?

What are two criticisms of the NCVS?

What did the FBI adopt as the official criminal data collection system in 2021?

Which term refers to the element of a crime that can be described as an individual’s “intent” or mental state of mind to commit the criminal act?