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Chepter 3 Homework Question 12 (of 30) 0.83 points The following table contai s ncial information for Trumpeter Inc. before closing entries $12,000 4.500 2,000 4,500 65,000 0,000 20,000 3,000 Cash Supplies Rent Salaries Expense Service Revenue Miscellancous Expenses Dividends Accounts Payable Common Stock Retained Earmings 68,000 8,000 What is the amount of Trumpeters total ossets O $81.500 O $82 500 O $68.500 O $83.500 References 144
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Solution: Answer $ 83,500 Explanation Particulars Cash Supplies Prepaid rent Equipment Total Assets Amount $ 12,000 $ 4,500 2,000 $ 65,000 $ 83,500

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