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Value of assets exchanged for goods or services provided to customers as part of the major or central operations of the business are called: Select

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Value of assets exchanged for goods or services provided to customers as part of the major or central operations of the business are called: Select one: O a. Owners Equity b. Expenses O C. Liabilities d. Revenues e. Assets Jen Co Trial Balance is given below; Account Debit Credit Accounts Payable 260 Accounts Receivable 950 Cash 1,000 700 10 2,050 1,500 Equipment Interest Expense Marie Jensen, Capital Marie Jensen, withdrawals Notes Payable Prepaid Insurance Salaries Expense Service Revenue 800 300 800 1,900 Unearned Service Revenue 250 Totals 5,260 5,260 What is the total liabilities amount

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