Given the Following List of Accounts with Normal Balances, What

question 66

Multiple Choice

Given the following list of accounts with normal balances, what are the trial balance totals of the debits and credits?

• A) $3,250 debit, $3,250 credit
• B) $1,900 debit, $1,900 credit
• C) $4,500 debit, $4,500 credit
• D) $2,250 debit, $2,250 credit

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Definitions:

Building Code Violation

Failure to comply with the set regulations and standards specified in local, state, or federal building codes.

Business Crime

Illegal actions performed by an individual or a group within the context of business activities, often for the purpose of personal or organizational gain.

Petty Offenses

Minor legal violations that typically result in a small fine or minimal punishment.

Infractions

Minor violations or breaches of law which are typically punishable by fines rather than prison time.