An Adjusted Trial Balance Is Shown Below

question 107

Multiple Choice

An adjusted trial balance is shown below. What will the final balance in Capital be after the closing entries?

• A)$37,800
• B)$12,700
• C)$24,000
• D)$36,800

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Definitions:

Daoism

An ancient Chinese philosophy and spiritual tradition emphasizing living in harmony with the Tao, or the fundamental nature of the universe.

Shi Huangdi

The founder of the Qin dynasty and the first emperor of a unified China, known for his major reforms and monumental construction projects like the Great Wall of China.

Emperor Huizong

A Chinese emperor of the Song dynasty, remembered for his patronage of the arts and his disastrous political and military decisions.

Lady Feng

A revered figure in Chinese history, known for her bravery and loyalty during the Western Han Dynasty.