The Following Are Selected Current Month's Balances for Allbright Enterprises

question 87

Multiple Choice

The following are selected current month's balances for Allbright Enterprises. $$\begin{array} { | l | r | } \hline \text { Accounts Payable } & \$ 8,000 \\\hline \text { Revenue } & 12,000 \\\hline \text { Cash } & 6,000 \\\hline \text { Expenses } & 1,300 \\\hline \text { Furniture } & 10,000 \\\hline \text { Accounts Receivable } & 14,000 \\\hline \text { Common Stock } & 7,250 \\\hline \text { Notes Payable } & 4,050 \\\hline\end{array}$$ Based on this information, calculate is the total amount of debits for the trial balance?

• A) $24,000
• B) $25,300
• C) $30,000
• D) $31,300

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Definitions:

Cones

Photoreceptor cells in the retina of the eye responsible for color vision and function best in relatively bright light, as opposed to rods, which work better in dim light.

Cortex

The outer layer of the brain, involved in numerous high-level functions including thought, memory, perception, and language.

Rods

Cells in the eye's retina known as photoreceptors that enable vision under dim lighting conditions.

Visible Spectrum

The portion of the electromagnetic spectrum that is visible to the human eye, comprising wavelengths from approximately 380 to 750 nanometers.