C. Both options A and B will allow him to meet his goal.
Looking at Drake's situation after 4 weeks, he only has $470 saved. By
his original plan, he should have had $500 saved. So he's $30 short of
his goal and has 2 weeks until his originally planned class. If he goes
with option A and takes the later class, he will save an additional $125
which is more than enough to make up the $30 short fall. So option A
will work for him to save enough money for his class. With option B, he
will save $140 for the last 2 weeks of his plan giving him a savings of
$280 for the last 2 weeks. Adding the $470 he's already saved will give
him a total savings of $470 + $280 = $750 which is enough for him to
attend his class. So option B will also allow Drake to attend his
desired class. Both options A and B allow him to meet his goal. Hence,
the answer is "c".
Do you mean as a decimal? 11.8
Each transaction has been an analyzed in the trial balance below by showing its effects on the accounting equation-specifically, identifying the accounts and amounts.
<h3>
How to prepare a Trial Balance?</h3>
The Journal Entries are:
Cash 6500
Photography equipment 33500
Capital 40000
Prepaid Insurance 2100
Cash 2100
Office Supplies 880
Cash 880
Cash 3331
Revenue 3331
Utilities Expense 675
Cash 675
Cash account = 6500 - 2100 - 880 + 3331 - 675
Cash Account = 6176
Trial Balance
Debit Credit
Cash 6176
Prepaid Insurance 2100
Supplies 880
Revenue 3331
Utilities Expense 675
Capital 40000
Photography Equipment 33500
Total 43331 43331
Read more about Trial Balance at; brainly.com/question/24914390
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