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

question 10

Essay

The following are the ending month's balances for Toys Galore,before preparing the trial balance. $\begin{array}{|l|r|}\hline \text { Accounts payable } & \$ 6,790 \\\hline \text { Revenues } & 8,680 \\\hline \text { Cash } & 4,500 \\\hline \text { Expenses } & 1,050\\\hline \text { Furniture } & 8,370 \\\hline \text { Accounts receivable } & 7,710 \\\hline \text { Capital } & ? ? ? \\\hline \text { Notes payable } & 5,230\\\hline\end{array}$ What amount should be shown for Capital on the trial balance?
A) $930
B) $16,190
C) $42,330
D) $21,165

• A) $930
• B) $16,190
• C) $42,330
• D) $21,165

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