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The balance of the feed account in the Adjusted Trial Balance is $2,500. The financial adjustment to the feed account is for $3,500. What is the balance of the feed account in the Trial Balance?

A business has $5,000 of feed on hand. According to the Trial Balance, the balance of the feed account is $12,000.

Required:

Question: What is the amount of the financial adjustment to feed? Select the correct answer.

a) $5,000

b) $7,000

c) $12,000

d) $17,000

e) $60,000

f) None of the above

Note: Please show basic calculation

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91149276

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