Multiple Choice
[The following information applies to the questions displayed below.]
Wilson Trucking,Inc.reports these account balances at January 1,2018 (shown in alphabetical order) :
On January 5,Wilson Trucking collected $175,000 of its accounts receivable,paid $150,000 on its accounts payable,and paid $11,000 on its note payable.
-In a trial balance prepared for Wilson Trucking on January 1,2018,the total of the credit column is:
A) $1,580,000.
B) $1,560,000.
C) $1,620,000.
D) $3,120,000.
Correct Answer:

Verified
Correct Answer:
Verified
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