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The trial balance below is for Company L. What amount will be reported for total assets on the balance sheet? Account Cash Inventory Unearned Revenue
The trial balance below is for Company L. What amount will be reported for total assets on the balance sheet? Account Cash Inventory Unearned Revenue Paid-in Capital Retained Earnings (beginning) Sales Cost of Goods Sold Rent Expense Total $29,600 $19,600 $42,800 $23,600 $62,400 $32,800 Debit Credit $5,600 14,000 $2,400 4,000 6,000 50,000 36,000 6,800 62,400 62,400
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