Mazaya Company showed the following balances at the end of its first year: Cash R.O. 18,200; Prepaid insurance 1,820; Accounts receivable 9,100; Accounts payable 7,280; Notes payable 10,920; Share capital- ordinary 3,640; Dividends 1,820; Revenues 54,600; Expenses 45.500; What did Mazaya Company show as tota debits on its trial balance? Select one: a. R.O.78,260 O b.R.O.80,080 O CR.O.74,620 d. R.O.76,440

Mazaya Company showed the following balances at the end of its first year: Cash R.O. 18,200; Prepaid insurance 1,820; Accounts receivable 9,100; Accounts payable 7,280; Notes payable 10,920; Share capital- ordinary 3,640; Dividends 1,820; Revenues 54,600; Expenses 45.500; What did Mazaya Company show as tota debits on its trial balance? Select one: a. R.O.78,260 O b.R.O.80,080 O CR.O.74,620 d. R.O.76,440

Name: Mazaya Company showed the following balances at the end of its first
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Description: Mazaya Company showed the following balances at the end of its first year: Cash R.O. 18,200; Prepaidinsurance 1,820; Accounts receivable 9,100; Accounts payable 7,280; Notes payable 10,920; Share capital-ordinary 3,640; Dividends 1,820; Revenues 54,

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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