Here Is the Trial Balance for McLeary Corporation If the Balance of the Dividends Account Were $36,000 and McLeary

question 32

Multiple Choice

Here is the trial balance for McLeary Corporation: $\begin{array}{c}\text { McLeary Corporation}\\\text { Trial Balance}\\\text { January 31, 2010}\\\begin{array}{lrr}\text { Cash } & \$ 3,000 \\\text { Accounts Receivable } & 2,000 \\\text { Art Supplies } & 3,000 \\\text { Office Supplies } & 5,000 \\\text { Prepaid Rent } & 7,000 \\\text { Prepaid Insurance } & 5,000 \\\text { Art Equipment } & 5,000 \\\text { Office Equipment } & 3,000\\\text { Accounts Payable } & & \$ 10,000 \\\text { Common Stock } && 5,000 \\\text { Retained Earnings } & &5,000\\\text {Dividends}&?\\\text {Advertising Fees Earned}&&?\\\text {Wages Expense}&?\\\text {Utilities Expense}&5,000\\\text {Telephone Expense}&3,000\\&\$A&\$B\end{array}\end{array}$ If the balance of the Dividends account were $36,000 and the balance of the Wages Expense account were $5,000,what would be the amount of B?

• A) $48,000
• B) $61,000
• C) $82,000
• D) $62,000

---

Definitions:

League of Nations

An intergovernmental organization founded in 1920 to promote world peace and cooperation, but was eventually replaced by the United Nations.

Dissemination of Information

The process of distributing knowledge or data to a wide audience through various means, including electronic and print media.

Propaganda

Information, especially of a biased or misleading nature, used to promote or publicize a particular political cause or point of view.

New World Information

This term generally refers to the flow of information in the globalized era, especially concerning the dynamics of digital communication and media dissemination across the globe.