The Trial Balance for Parker Company Is as Follows

question 76

Multiple Choice

The trial balance for Parker Company is as follows:
-If the trial balance showed a balance of $8,000 in the Wages Expense account and a balance of $85,000 in the Advertising Fees Earned account,what would be the amount of the Mike Parker,Withdrawals account?

• A)$75,000
• B)$53,000
• C)$35,000
• D)$63,000

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Definitions:

CRM Solutions

Software systems designed to manage a company’s interactions and relationships with current and potential customers by organizing, automating, and synchronizing sales, marketing, customer service, and technical support.

EDI

Electronic Data Interchange, a standard for exchanging business information and documents between companies electronically.

Customer Service

The assistance and advice provided by a company to those people who buy or use its products or services.

Productivity

A measure of the efficiency of a person, machine, factory, or system in converting inputs into useful outputs.