Question: which formula correctly calculates total assets A B G Trial Balance December 31 Debit Credit Cash $14 000 Accounts receivable 27,000 Merchandise inventory 15 000

which formula correctly calculates total assets

A B G Trial Balance December 31 Debit Credit Cash $14 000 Accounts receivable 27,000 Merchandise inventory 15 000 Prepaid insurance 2 500 Store equipment 15 000 9 Accumulated depreciation - Store equipment $3,000 10 Office equipment 25,000 11 Accumulated depreciation - Office equipment 5,000 12 Accounts payable 9,000 13 Noles payable - long term 25,000 14 Common stock 26,000 15 Dividends 3.000 16 Sales 90,000 17 Sales discounts 1,900 18 Sales returns and alowances 2 200 19 Cost of goods sold 35 000 20 Saling expenses 11 000 21 General and administrative expanses 6.000 22 Interest expense 500 23 Totals $158 000 $158,000 24 Which formula correctly calculates total assets? Mukiple Choice O -SUM B4:810)-SUMC4.CIT O -SUM B4:810) O -SUM B4:810)+CO-CH O SUM B4:822]-SUM(C:CTE)

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