57 ABC Company has the following adjusted trial balance at December 31, 2020: ABC Company Adjusted...

    

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57 ABC Company has the following adjusted trial balance at December 31, 2020: ABC Company Adjusted Trial Balance December 31, 2020 Cash Accounts Receivable Unexpired Insurance Prepaid Rent Building Accumulated Depreciation: Building Accounts Payable Salaries Payable Unearned Service Revenue Capital Stock Dividends Service Revenue Salaries Expense Utilities Expense Insurance Expense Rent Expense $340,000 60,000 10,000 6,000 100,000 12,000 48,000 8,000 2,000 4,000 $25,000 55,000 3,700 21,300 403,500 85,000 Accounts Receivable Unexpired Insurance Prepaid Rent Building Accumulated Depreciation: Building Accounts Payable Salaries Payable Unearned Service Revenue Capital Stock Dividends Service Revenue Salaries Expense Utilities Expense Insurance Expense Rent Expense Depreciation Expense: Building Total 60,000 10,000 6,000 100,000 12,000 48,000 8,000 2,000 4,000 3,500 $593,500 Based on the figures presented above, total assets amount to: $25,000 55,000 3,700 21,300 403,500 85,000 $593,500 Select one: a.$516,000 b.$485,000 c.$475,000 d.$491,000 57 ABC Company has the following adjusted trial balance at December 31, 2020: ABC Company Adjusted Trial Balance December 31, 2020 Cash Accounts Receivable Unexpired Insurance Prepaid Rent Building Accumulated Depreciation: Building Accounts Payable Salaries Payable Unearned Service Revenue Capital Stock Dividends Service Revenue Salaries Expense Utilities Expense Insurance Expense Rent Expense $340,000 60,000 10,000 6,000 100,000 12,000 48,000 8,000 2,000 4,000 $25,000 55,000 3,700 21,300 403,500 85,000 Accounts Receivable Unexpired Insurance Prepaid Rent Building Accumulated Depreciation: Building Accounts Payable Salaries Payable Unearned Service Revenue Capital Stock Dividends Service Revenue Salaries Expense Utilities Expense Insurance Expense Rent Expense Depreciation Expense: Building Total 60,000 10,000 6,000 100,000 12,000 48,000 8,000 2,000 4,000 3,500 $593,500 Based on the figures presented above, total assets amount to: $25,000 55,000 3,700 21,300 403,500 85,000 $593,500 Select one: a.$516,000 b.$485,000 c.$475,000 d.$491,000

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