Multiple Choice
[The following information applies to the questions displayed below.]
Ceramic Products,Inc.reports these account balances at January 1,2018 (shown in alphabetical order) :
On January 5,Ceramic Products collected $12,000 of its accounts receivable and paid $11,000 on its note payable.
-In a trial balance prepared for Ceramic Products on January 1,2018,the total of the credit column is:
A) $182,000.
B) $196000.
C) $166,000.
D) $286,000.
Correct Answer:

Verified
Correct Answer:
Verified
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