The Following Is a Random List of the Adjusted Account

question 79

Multiple Choice

The following is a random list of the adjusted account balances of Wyoming Company as of the end of the current accounting period: What is the total of the credit account balances that will be shown on the adjusted trial balance?

• A)$112,200
• B)$114,200
• C)$116,200
• D)$79,800

---

Definitions:

Assignment

The transfer of rights, property, or duties from one party to another.

Delegation

The act of assigning responsibility or authority to another person to carry out specific duties.

Third-Party Beneficiary

An individual or entity that, while not a direct party to a contract, is intended by the contracting parties to benefit from it.

Novation

The act of replacing an existing contract with a new one, involving a different obligation or party.