Question
Use the following account balances from the adjusted trial balance of Gees Catering: Debit Credit Account Balance Balance Cash 10,000 Accounts Payable 2,000 R.
Use the following account balances from the adjusted trial balance of Gees Catering: Debit Credit Account Balance Balance Cash 10,000 Accounts Payable 2,000 R. Gees, Capital 18,000 R. Gees, Drawing 1,000 Fees Revenue 10,000 Salary Expense 7,000 6,000 6,000 Rent Expense Supplies Expense What is the amount that Gees Consulting would report as the ending balance in the R. Gees, Capital account at the end of the year? Multiple Choice Use the following account balances from the adjusted trial balance of Gees Catering: Debit Credit Account Balance Balance Cash 10,000 Accounts Payable 2,000 R. Gees, Capital 18,000 R. Gees, Drawing 1,000 Fees Revenue 10,000 Salary Expense 7,000 6,000 6,000 Rent Expense Supplies Expense What is the amount that Gees Consulting would report as the ending balance in the R. Gees, Capital account at the end of the year? Multiple Choice
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