The Unadjusted Trial Balance columns of a work sheet total $84,000. The Adjustments columns contain entries for the following: 1. Office supplies used during the period, $1,200. 2. Expiration of prepaid rent, $700. 3. Accrued salaries expense, $500. 4. Depreciation expense, $800. 5. Accrued service fees receivable, $400. The Adjusted Trial Balance columns total is:
A. $87,600.
B. $85,900.
C. $85,700.
D. $80,400.
E. $84,000.
Answer: C
You might also like to view...
What are the three main response options for customers who experience service failures?
What will be an ideal response?
Quay Trucking Service tells Rafethat it will pay him $50 if he unloads a certain truck at the Shipping Warehouse. Rafe's acceptance is complete
a. as soon as Rafe says he will unload the truck. b. once Rafe starts to unload the truck. c. only after Rafe unloads the truck. d. when Rafe hears Quay's offer.
A project would be acceptable if
A) the net present value is positive. B) the profitability index is greater than the net present value. C) the payback is greater than the discounted equivalent annual annuity. D) the equivalent annual annuity is greater than or equal to the firm's discount rate.
In the short run, equality of interest rates across country boundaries is ________
A) unlikely B) a good description of reality C) a good description of purchasing power parity D) a result of stable foreign currency markets