Using the Trial Balance March 31,2003, the amount entered for G/L Account 5000 :(Purchases) is 8,633.00 2,480.84 5,598.91 5,990.83

Question

Using the Trial Balance March 31,2003, the amount entered for G/L Account 5000 :(Purchases) is 8,633.00 2,480.84 5,598.91 5,990.83

Answer 1

### \$ 8,633.00

Answer 2

## Step1: Understanding the Trial Balance### A trial balance is a bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account column totals that are equal.## Step2: Identifying G/L Account 5000### The General Ledger (G/L) Account 5000 typically refers to 'Purchases' in accounting terms. We need to identify the correct amount associated with this account from the given options.## Step3: Analyzing the Options### Review each option provided for G/L Account 5000 and determine which one correctly matches the recorded purchases.

Question

Using the Trial Balance March 31,2003, the amount entered for G/L Account 5000 :(Purchases) is 8,633.00 2,480.84 5,598.91 5,990.83

Solution

Answer

Explanation