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
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KaliMaster · Tutor for 5 years
Answer
### \$ 8,633.00
Explain
## Step1: Understanding the Trial Balance<br />### 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.<br /><br />## Step2: Identifying G/L Account 5000<br />### 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.<br /><br />## Step3: Analyzing the Options<br />### Review each option provided for G/L Account 5000 and determine which one correctly matches the recorded purchases.
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