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

Question 54

Multiple Choice

The following are the current month's balances for Toys Galore:  Accounts payable $8000 Revenue 9000 Cash 7000 Expenses 1500 Furniture 11,000 Accounts receivable 13,000 Iones, capital 3250 Loan payable 4000\begin{array} { | l | l | } \hline \text { Accounts payable } & \$ 8000 \\\hline \text { Revenue } & 9000 \\\hline \text { Cash } & 7000 \\\hline \text { Expenses } & 1500 \\\hline \text { Furniture } & 11,000 \\\hline \text { Accounts receivable } & 13,000 \\\hline \text { Iones, capital } & 3250 \\\hline \text { Loan payable } & 4000 \\\hline\end{array} What is the total amount of debits for the trial balance?


A) $32,500
B) $24,000
C) $25,500
D) $31,000

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