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Which formula correctly calculates total liabilities? Credit Trial Balance December 31 Debit Cash $5,700 5 Accounts receivable 1,400 6 Note receivable 11,100 7 Prepaid services
Which formula correctly calculates total liabilities? Credit Trial Balance December 31 Debit Cash $5,700 5 Accounts receivable 1,400 6 Note receivable 11,100 7 Prepaid services 3,800 8 Office equipment 27,400 9 Accounts payable 10 Unearned ticket revenue 11 Owner, Capital 12 Owner, Withdrawals 1,600 13 Ticket revenue 14 Rental revenue 15 Salaries expense 2,800 16 Utilities expense 2,400 17 Rent expense 1,700 18 Totals $57,900 $7,600 4,400 37,000 7,200 1,700 $57,900 19 ! Multiple Choice o O =c9 o C10+C9 o C94C10 o =1C9+C10
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