Question: Question 1 Read the instructions below then choose the correct answers from the drop-down boxes in the Trial Balance. Not yet answered Marked out of

Question 1 Read the instructions below then
Question 1 Read the instructions below then choose the correct answers from the drop-down boxes in the Trial Balance. Not yet answered Marked out of INSTRUCTIONS: 1.00 Flag Trial Balance question 1. Select the correct Closing Balance for each account as at end of year using the total Debit and Credit balances provided. 2. Complete the Trial Balance by selecting whether the closing balance is a Debit (left) or Credit (right) balance. 3. Total each of the Debit accounts and select the correct Debit balance in the Trial Balance, and then total each of the Credit accounts and select the correct Credit balance in the Trial Balance. Trial Balance as at end of year Account DR CR Closing Balance DR/CR Bank 80,785 42,580 Choose... || Choose... + Funds Introduced - 75,000 Choose... +|| Choose... + Rent 1,500 - Choose... +|| Choose... + Motor Vehicle (Delivery Van) 25,000 - Choose... || Choose... + Purchases 25,000 a Choose... +|| Choose... + Accounts Payable 15,000 27,600 Choose... +|| Choose... + Sales 2 13,335 Choose... +|| Choose... + Accounts Receivable 9,300 1,750 Choose... +|| Choose... + Telephone expense 225 - Choose... +|| Choose... + Computer Equipment 2,600 - Choose... +|| Choose... + Drawings 680 = Choose... +|| Choose... + Electricity expense 175 - Choose... || Choose... + Trial Balance Closing Debit & Credit Value Trial Balance Closing Values

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