The Following Information Is Available from the Adjusted Trial Balance

question 146

Multiple Choice

The following information is available from the adjusted trial balance of the Harris Vacation Rental Agency. After closing entries are posted, what will be the balance in the Sue Harris, Capital account?

$\begin{array} { l r } \text { Total revenues } & \$ 125,000 \\\text { Total expenses } & 60,000 \\\text { Sue Harris, Capital } & 80,000 \\\text { Sue Harris, Withdrawals } &15,000\end{array}$

• A) $130,000.
• B) $65,000.
• C) $80,000.
• D) $280,000.
• E) $145,000.

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Definitions:

First Impressions

The initial perception or judgement one forms about someone or something upon first encounter.

Test Anxiety

A type of performance anxiety characterized by extreme nervousness or fear about taking exams or being evaluated.

First Impressions

The initial perception one forms about a person or situation based on the first few moments of encounter, often lasting and difficult to change.

Emotional Behaviors

Actions that are the outcome of emotions, reflecting feelings such as anger, happiness, or sadness.