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Refer to the above data. In a trial balance prepared on September 30, 2021, the total debit column is: * $390,000 $400,000 $394,000 None of
Refer to the above data. In a trial balance prepared on September 30, 2021, the total debit column is: *
$390,000
$400,000
$394,000
None of the above
On October 5, 2021, X Company received 10% of its accounts receivable. Assume that this was the only transaction on October 5. Refer to the above data. On October 5, 2021, the balance in Cash account is: *
$80,600
$73,400
$23,400
None of the above
Refer to the above data. On October 5, 2021, the total credit column is: *
$404,600
$395,400
$394,000
None of the above
X Company reports these account balances on September 30, 2021 Accounts Payable Accounts Receivable Accumulated depreciation Cash Operating Expenses Equipment Goodwill Service Revenue Owner's Equity Uneared Service Revenue $46,000 26,000 4,000 78.000 90,000 180.000 20,000 90,000 240,000 14.000Step by Step Solution
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