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

question 144

Multiple Choice

The following are the current month's balances for Toys Galore, before preparing the trial balance. $$\begin{array} { | l | r | } \hline \text { Accounts Payable } & \$ 8,000 \\\hline \text { Revenue } & 10,000 \\\hline \text { Cash } & 5,000 \\\hline \text { Expenses } & 1,750 \\\hline \text { Fumiture } & 12,000 \\\hline \text { Accounts Receivable } & 14,000 \\\hline \text { Tones, Capital } & ? ? ? \\\hline \text { Notes Payable } & 6,50 \\\hline\end{array}$$ What amount should be shown for Jones, Capital on the trial balance?

• A) $16,500
• B) $8,250
• C) $14,500
• D) $31,000

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