Question: Applying Excel 1 : Calculating total equity table [ [ 4 , A , 8 , C ] , [ 1 , table

Applying Excel 1: Calculating total equity
\table[[4,A,8,C],[1,\table[[Trial Balance],[December 31]],,],[2,],[3,,Debit,Credit],[4,Cash,$5,700,],[5,Accounts receivable,1,400,],[6,Notes receivable,11,100,],[7,Prepaid services,3,800,],[8,Office equipment,27,400,],[9,Accounts payable,,$7,600],[10,Unearned ticket revenue,,4,400],[11,Common stock,,37,000],[12,Dividends,1,600,],[13,Ticket revenue,,7,200],[14,Rental revenue,,1,700],[15,Salaries expense,-2,800,],[16,Utilities expense,2,400,],[17,Rent expense,1,700,],[18,Totals,$57,900,$57,900]]
Which formula does NOT correctly calculate total equity?
Multiple Choice
=+C11+C13+C14-B12-B15-B16-B17
=+B4+B5+B6+B7+B8-C9-C10
=+C13+C14+C11-B15-B16-B17
= SUM(B4:B8)-SUM(C9:C10)
Applying Excel 1 : Calculating total equity \

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