Following is an extract of account balances of Aztec Moving Services as of December 31, after...
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Following is an extract of account balances of Aztec Moving Services as of December 31, after the first year of operation. Accounts Receivable $5,000 Accounts Payable 6,000 Salaries Expense 6,000 700 Repairs Expense Truck Equipment Notes Payable Cash Supplies Expense Service Revenue Gasoline Expense 12,000 8,000 8,100 7,500 1,200 29,000 3.700 ... O A. $32,500 O B. $17,000 O C. $27,500 O D. $20,000 Following is an extract of account balances of Aztec Moving Services as of December 31, after the first year of operation. Accounts Receivable $5,000 Accounts Payable 6,000 Salaries Expense 6,000 700 Repairs Expense Truck Equipment Notes Payable Cash Supplies Expense Service Revenue Gasoline Expense 12,000 8,000 8,100 7,500 1,200 29,000 3.700 ... O A. $32,500 O B. $17,000 O C. $27,500 O D. $20,000
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Answer rating: 100% (QA)
C 2750 0 The total of th e assets is 32500 and the tot al of the lia bilities is 5 000 ... View the full answer
Related Book For
Advanced Accounting
ISBN: 9780132568968
11th Edition
Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith
Posted Date:
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