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Following is an extract of account balances of Aztec Moving Services on December 31, after the first year of operation. Cash $7,300 Accounts Receivable 6,000
Following is an extract of account balances of Aztec Moving Services on December 31, after the first year of operation. Cash $7,300 Accounts Receivable 6,000 Accounts Payable 4,000 Salaries Expense 5,000 Repairs Expense 500 Truck 9,000 Equipment 11,000 Notes Payable 8,500 Supplies Expense 1,500 Service Revenue 29,000 Gasoline Expense 2,900 What is the amount of total liabilities? A. $29,300 B. $12,500 C. $33,300 D. $22,000
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