[The following information applies to the questions displayed below.]
Wilson Trucking,Inc.reports these account balances at January 1,2018 (shown in alphabetical order):
On January 5,Wilson Trucking collected $175,000 of its accounts receivable,paid $150,000 on its accounts payable,and paid $11,000 on its note payable.
-In a trial balance prepared for Wilson Trucking on January 6,2018,the total of the debit column is:
A)$1,580,000.
B)$1,399,000.
C)$1,620,000.
D)$3,120,000.

Question

[The following information applies to the questions displayed below.]
Wilson Trucking,Inc.reports these account balances at January 1,2018 (shown in alphabetical order):
  On January 5,Wilson Trucking collected $175,000 of its accounts receivable,paid $150,000 on its accounts payable,and paid $11,000 on its note payable.
-In a trial balance prepared for Wilson Trucking on January 6,2018,the total of the debit column is:
A)$1,580,000. 
B)$1,399,000. 
C)$1,620,000. 
D)$3,120,000.

Quizplus · Accepted Answer

The Answer of [The following information applies to the questions displayed below.]
Wilson Trucking,Inc.reports these account balances at January 1,2018 (shown in alphabetical order):
  On January 5,Wilson Trucking collected $175,000 of its accounts receivable,paid $150,000 on its accounts payable,and paid $11,000 on its note payable.
-In a trial balance prepared for Wilson Trucking on January 6,2018,the total of the debit column is:
A)$1,580,000. 
B)$1,399,000. 
C)$1,620,000. 
D)$3,120,000.

[The Following Information Applies to the Questions Displayed Below