Broadway, Incorporated’s trial balance was in balance at the end of the period and showed the following accounts:   Account Balance Accounts Payable $ 20,800 Cash 41,600 Common Stock 20,100 Equipment 9,100 Land 30,700 Notes Payable 40,500   What is the balance of the credit column on Broadway's trial balance?   rev: 03_16_2018_QC_CS-121922   Multiple Choice   $81,400.   $163,100.   $60,600.   $61,300.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Broadway, Incorporated’s trial balance was in balance at the end of the period and showed the following accounts:

 

Account Balance
Accounts Payable $ 20,800
Cash 41,600
Common Stock 20,100
Equipment 9,100
Land 30,700
Notes Payable 40,500

 
What is the balance of the credit column on Broadway's trial balance?

 

rev: 03_16_2018_QC_CS-121922

 

Multiple Choice
  •  

    $81,400.

  •  

    $163,100.

  •  

    $60,600.

  •  

    $61,300.

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