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FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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
Transcribed Image Text:The following is a random list of the adjusted account balances of Wyoming Company as of the end of the current accounting period:
Cash
4, 800
17, 100 Accounts Receivable
Service Revenue
Accounts Payable
3,800
17,300
Land
24,100 Retained Earnings
16, 300
Operating Expenses
11, 500 Common Stock
20, 100
What is the total of the credit account balances that will be shown on the adjusted trial balance?
Multiple Choice
$57,500
$40,200
O $58,500
$56.500
Expert Solution
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