Question: Please answer the following questions with the table given 6. Referring to the following adjusted trial balance, what is the amount of total liabilities? Woods
Please answer the following questions with the table given


6. Referring to the following adjusted trial balance, what is the amount of total liabilities? Woods Company Adjusted Trial Balance For the Year Ended December 31.201X S55,00 50,00 51,00 150,00 ccounts receivable vento uipment $20,00 10,00 56,000 50,000 181,00 20,000 ccumulated depreciation, equipm ent nearned service revenue ccounts payable otes payable ommon Stock etained Earnin ividends ervice revenue alary expense 36,00 195,00 52,00 9,00 19,00 10,00 urance ex se tilities expense Total O A) $56,000 O B) $106,000 O C) 66,000 OD) 116,000 reciation expense
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
