Given the Following List of Accounts with Normal Balances, What

question 30

Multiple Choice

Given the following list of accounts with normal balances, what are the trial balance totals of the debits and credits?

• A)$2,900 debit, $2,900 credit
• B)$3,900 debit, $3,900 credit
• C)$2,000 debit, $2,000 credit
• D)$1,200 debit, $1,200 credit

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Definitions:

Multiple Distribution Channels

refers to the use of more than one method or pathway to distribute products or services to customers.

General Merchandise Stores

Retail establishments that sell a wide variety of goods across different categories, including clothing, household items, and groceries.

Wide Range

A broad variety of options or products available in a specific category, offering extensive selection to consumers.

Scrambled Merchandising

A retailing practice where stores carry a wide variety of product lines, often unrelated, to attract a broader customer base.