Question 77
Multiple Choice
Here is the trial balance for McLeary Corporation: McLeary Corporation Trial Balance January 31, 2010 Cash Accounts Receivable Art Supplies Office Supplies Prepaid Rent Prepaid Insurance Art Equipment Office Equipment Accounts Payable Common Stock Retained Earnings Dividends Advertising Fees Earned Wages Expense Utilities Expense Telephone Expense $5,5002,0003,0005,0007,0005,0005,0003,000??5,0003,000$A$10,0005,0005,000?$B On the trial balance,total assets equal
A) $45,500.
B) $43,500.
C) $35,500.
D) $25,500.
Correct Answer:

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