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Xelga [282]
2 years ago
7

[The following information applies to the questions displayed below.]

Business
1 answer:
ale4655 [162]2 years ago
6 0

Answer:

D. $370,000

Explanation:

INDIRECT OIL CO TRIAL BALANCE AS A JANUARY 3, 2018

DEBIT SIDE

Land $100,000

Equipment $80,000

(Cash 40,000+Receivable collected $25,000- Liability paid$20,000) $45,000

(Account Receivable $50,000 - Amount collected $25,000) $25,000

Buildings $120,000

TOTAL $370,000

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