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Refer to the following trial balance. A. $103,000 B. $97,000 C. $92,000 D. $243,000 Refer to the following trial balance. Cash Accounts Receivable Merchandise Inventory

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Refer to the following trial balance. A. $103,000 B. $97,000 C. $92,000 D. $243,000

Refer to the following trial balance. Cash Accounts Receivable Merchandise Inventory Supplies Land Accounts Payable Notes Payable Common Stock Retained Earnings Dividends Sales Revenue Cost Of Goods Sold Salaries Expense Utilities Expense Rent Expense Interest Expense Tows How much is the gross profit? $103,000 $97 ,ooo $92,000 $243,000 Debit $16,000 42,000 62,000 16,000 310,000 5,000 210,000 18,000 67,000 55,000 6,000 $807,000 Credit $3,000 23,000 303,000 25,000 453,000 $807,000

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