Jelly's Grocery Store showed the following account balances at the end of 2022: Cash Accounts receivable Accounts payable Revenue Rent expense Insurance expense Salary expense Supplies Jelly, capital Jelly, withdrawals If all of the accounts have normal balances, what is the total of the trial balance? Multiple Choice O $127600 $255,500 $119,600 $86,000 $32,000 39,000 27,000 51,000 2,000 13,600 8,000 25,000 49,600 8,000 $186,600
Jelly's Grocery Store showed the following account balances at the end of 2022: Cash Accounts receivable Accounts payable Revenue Rent expense Insurance expense Salary expense Supplies Jelly, capital Jelly, withdrawals If all of the accounts have normal balances, what is the total of the trial balance? Multiple Choice O $127600 $255,500 $119,600 $86,000 $32,000 39,000 27,000 51,000 2,000 13,600 8,000 25,000 49,600 8,000 $186,600
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:mabled: Final Exam F23 i
Jelly's Grocery Store showed the following account balances at the end of 2022:
Accounts receivable
Accounts payable
Revenue
Rent expense
Insurance expense
Salary expense
Supplies
Jelly, capital
Jelly, withdrawals
Cash
Multiple Choice
If all of the accounts have normal balances, what is the total of the trial balance?
$127,600
$255,500
$119,600
$86,000
$32,000
39,000
27,000
51,000
2,000
13,600
8,000
25,000
49,600
8,000
$186,600
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