The following pre-closing accounts and balances were drawn from the records of Carolina Company on December 31, Year 1: Cash$3600? Accounts receivable$1500? Dividends 1800? Common stock 2275? Land 2100? Revenue 2100? Accounts payable 1100? Expense 1200? Retained earnings 4725? What is the amount of total assets that will be reported on the balance sheet as of December 31, Year 1?
A. $5700
B. $9300
C. $7200
D. $9000
Answer: C
Business
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