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juin [17]
3 years ago
11

If a fee of $2,850 earned from a client was debited to Accounts Receivable for $2,580 and credited to Fees Earned for $2,850, wh

ich of the following statements would be true?(A) The credit total of the trial balance would be higher by $270.(B) The debit total of the trial balance would be higher by $270.(C) The wrong account is credited(D) the trial balance total would be equal
Business
1 answer:
Natalka [10]3 years ago
4 0

Answer:

Explanation:

given data

fee = $2850

receive = $2580

credit fees = $2850

to find out

which statement true

solution

we know here that fee earn by client is here  $2850

and        

$2580 receive as debit account  so

$2850 fee earn credit

so we can say here

credit balance will be high ( 2850 - 2580)

higher = 270

so option A is correct          

so here the credit account total of trial balance would be high by $270

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