The Following Are the Current Month's Balances for Toys Galore

question 63

Multiple Choice

The following are the current month's balances for Toys Galore:
$$\begin{array} { | l | l | } \hline \text { Accounts payable } & \$ 10,000 \\\hline \text { Revenue } & 3000 \\\hline \text { Cash } & 3000 \\\hline \text { Expenses } & 1200 \\\hline \text { Furniture } & 11,000 \\\hline \text { Accounts receivable } & 15,000 \\\hline \text { Iones, capital } & 7250 \\\hline \text { Loan payable } & 6500 \\\hline\end{array}$$
Calculate the total amount of credits for the trial balance.

• A) $31,750
• B) $23,750
• C) $24,500
• D) $21,750

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