Volta Electronics Inc.reported the following items on its December 31,2014,trial balance:

The amount that should be recorded on Volta's balance sheet as total liabilities is
A)$696,000.
B)$700,500.
C)$703,500.
D)$741,000.

Question

Volta Electronics Inc.reported the following items on its December 31,2014,trial balance:

The amount that should be recorded on Volta's balance sheet as total liabilities is
A)$696,000. 
B)$700,500. 
C)$703,500. 
D)$741,000.

Quizplus · Accepted Answer

The Answer of Volta Electronics Inc.reported the following items on its December 31,2014,trial balance:

The amount that should be recorded on Volta's balance sheet as total liabilities is
A)$696,000. 
B)$700,500. 
C)$703,500. 
D)$741,000.