Please answer these MCQs questions about accounting. I need an accurate answer for each part...

60.1K

Verified Solution

Question

Accounting

Please answer these MCQs questions about accounting. I need an accurate answer for each part ASAP Each question is a different part so in my solution I am going to be looking for accurate answers for 2 parts of MCQ questions.
PART 1:
In Figure 1, the capital figure in the trial balance columns should be ____________.
Figure 1(Look at the table in the 1st picture attached)*
a) $45,000
b) $50,000
c) $140,000
d) $290,000
PART 2:
In Figure 1, the total value of current assets is _______________.
Figure 1(Look at the table in the 2nd picture attached)*
a) $90,000
b) $170,000
c) $200,000
d) $70,000
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students