The Unadjusted Trial Balance Columns of a Work Sheet Total

question 14

Multiple Choice

The Unadjusted Trial Balance columns of a work sheet total $84,000. The Adjustments columns contain entries for the following: 1. Office supplies used during the period, $1,200.
2) Expiration of prepaid rent, $700.
3) Accrued salaries expense, $500.
4) Depreciation expense, $800.
5) Accrued service fees receivable, $400.
The Adjusted Trial Balance columns total is:

• A) $80,400.
• B) $84,000.
• C) $85,700.
• D) $85,900.
• E) $87,600.

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Definitions:

Economic Growth

The increase in the production of goods and services in an economy over a period of time.

Microeconomics

Microeconomics is the branch of economics that focuses on the actions of individuals and industries, like the dynamics between buyers and sellers, borrowers and lenders.

Rate Of Inflation

The pace at which the general level of prices for goods and services is rising, eroding purchasing power.

Macroeconomics

The branch of economics that studies overall economic factors, such as national productivity, total national income, and the overall levels of prices and employment.