Mathematics, 10.11.2020 06:00 Nicoleebel2984
Select the correct answer.
Elite Inc. has the following balances: Cash ($1,000), Equipment ($10,000), Salaries payable ($5,000), Building ($15,000), Land ($50,000),
Equity ($50,000), and Loan payable ($10,000). An accountant prepares a Trial Balance, and it does not tally due to an unknown error.
Which amount would the accountant record in a suspense account?
A. $12,000
B. $11,000
C.
$13,000
X. D. $9,000
E.
$10,500
Answers: 2
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Elite Inc. has the following balances: Cash ($1,000), Equipment ($10,000...
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