The Following Are the Current Month's Balances for Global Enterprises

question 117

Multiple Choice

The following are the current month's balances for Global Enterprises. $$\begin{array} { | l | l | } \hline \text { Accounts Payable } & \$ 6,000 \\\hline \text { Revenue } & 11,000 \\\hline \text { Cash } & 5,000 \\\hline \text { Expenses } & 1,300 \\\hline \text { Furniture } & 10,000 \\\hline \text { Accounts Receivable } & 16,000 \\\hline \text { Common Stock } & 9,250 \\\hline \text { Notes Payable } & 4,000 \\\hline\end{array}$$ What is the total amount of debits for the trial balance?

• A)$26,000
• B)$27,300
• C)$31,000
• D)$32,300

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Definitions:

Transnational Formation

The process or phenomenon where social, political, or economic activities and dynamics stretch and interconnect across national borders.

Gender Relations

Refers to the ways in which societies structure interactions and expectations based on gender, affecting aspects of public and private life.

Economic Power

The ability of an individual, group, or nation to influence or control economic conditions and policies, including the capacity to make substantial purchases or investments.

Asian-Americans

Individuals of Asian descent living in the United States, often pertaining to a diverse range of cultures and backgrounds.