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

question 49

Multiple Choice

The following are the current month's balances for Toys Galore: $$\begin{array} { | l | r | } \hline \text { Accounts Payable } & \$ 8,000 \\\hline \text { Revenue } & 10,000 \\\hline \text { Cash } & 5,000 \\\hline \text { Expenses } & 1,750 \\\hline \text { Fumiture } & 12,000 \\\hline \text { Accounts Receivable } & 14,000 \\\hline \text { Tones, Capital } & 8,250 \\\hline \text { Notes Payable } & 6,500 \\\hline\end{array}$$ Calculate the total amount of credits for the trial balance.

• A) $24,500
• B) $22,750
• C) $24,750
• D) $32,750

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