The balance sheet of greene, inc. on january 1, 20x1 showed the following. assets $30,000, liabilities $20,000 and stockholder's equity $10,000. during 20x1, greene collected $30,000 in revenue, paid $34,000 in expenses, purchased $15,000 in additional assets on account. the stockholders invested an additional $10,000 cash in the business. what are greene's total assets at december 31, 20x1?

a. 55,000
b. 51,000
c. 41,000
d. 45,000

B. 51,000

Explanation:

The computation of the total assets at the end of the year is shown below:

= Opening balance of asset account + revenue collected - expenses incurred + additional assets purchased + additional cash invested in the business

= $30,000 + $30,000 - $34,000 + $15,000 + $10,000

= $51,000

Simply we deduct the expenses incurred and the rest of the items are to be added in the beginning balance of asset account so that the accurate amount can come.

the toy store

explanation:

cuz he cant afford a real one

the answer is: c.that person might be arrested and deported

filling w-4 form incorrectly usually would rise suspicions from government's auditors. when they notice such mistakes, they would send their teams to investigate the situation further.

if those investigation teams believe that the incorrectness is done on purpose (with malicious intent), that person can be arrested or deported