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Law Incorporation [45]
3 years ago
9

Elite Inc. has the following balances: Cash ($1,000), Equipment ($10,000), Salaries payable ($5,000), Building ($15,000), Land (

$50,000), Equity ($50,000), and Loan payable ($10,000). An accountant prepares a Trial Balance, and it does not tally due to an unknown error. Which amount would the accountant record in a suspense account?
A. $12,000
B.$11,000
C.$13,000
D.$9,000
E.$10,500
Mathematics
1 answer:
Blababa [14]3 years ago
5 0

Answer:

E

Step-by-step explanation:

The answer is E because none of the balances of Elite Inc. offers can account for the $500

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