14% of 348 Is What Number? (Nearest Whole Number)Use the Percentage

question 69

Multiple Choice

14% of 348 is what number? (nearest whole number) Use the percentage formula.

• A)4,872
• B)25
• C)48
• D)49
• E) none of the above

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Definitions:

Debit

A ledger entry contributing to the growth of assets or lessening of liabilities in a company's financial statement.

Credit

The provision of resources (such as money) by one party to another party where the second party does not reimburse the first party immediately, but promises either to repay or return those resources at a later date.

Transposition Error

A common accounting mistake where numbers are mistakenly reordered, leading to inaccurate data entry.

Trial Balance

A worksheet used in accounting that compiles all ledger balances into matching total amounts in debit and credit columns.