The Following Are the Ending Month's Balances for Toys Galore

question 70

Multiple Choice

The following are the ending month's balances for Toys Galore. $$\begin{array} { | r | r| } \hline \text { Accounts payable } & \$ 6790 \\\hline \text { Revenue } & 8680 \\\hline \text { Cash } & 4500 \\\hline \text { Expenses } & 1050 \\\hline \text { Furniture } & 8370 \\\hline \text { Accounts receivable } & 7710 \\\hline \text { Capital } & 930 \\\hline \text { Loan payable } & 5230 \\\hline\end{array}$$ What would be the last account listed on the trial balance for Toys Galore?

• A)Accounts payable
• B)Revenue
• C)Expenses
• D)Cash

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Definitions:

Gesellschaft

A term used by Ferdinand Tönnies to describe a modern industrial society characterized by impersonal and indirect social relationships, focusing on individual self-interest.

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Malthus

Thomas Robert Malthus, an 18th-century British economist and demographer best known for his theory that population growth will always tend to outstrip the food supply.