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Accounting Cycle and Classifying Accounts
?
The subtotals of the Income Statement columns of the work sheet are $3,500 and $4,900, respectively. If the subtotal of the Balance Sheet Debit column is $9,600, then the subtotal of the Balance Sheet Credit column should be
$1,400
$11,000
$8,200
$6,800
Show Result
Correct
- Your answer is correct.
Wrong
- Your answer is wrong.
Detailed Answer
Correct answer: (C)
$8,200
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