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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Definitions:

Memory Problems

Difficulties in remembering information, which can range from mild forgetfulness to severe issues affecting daily life.

Accidents

Unintentional events that result in damage, injury, or harm.

Psychoactive Drugs

Chemical substances that affect the central nervous system, altering brain function and resulting in changes in perception, mood, consciousness, cognition, and behavior.

Users' Expectations

The beliefs or anticipations consumers hold about a product, service, or experience prior to interacting with it.