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Question 12

Multiple Choice

Wolfe Inc. Wolfe Inc.reports these account balances at January 1,2014:
Wolfe Inc. Wolfe Inc.reports these account balances at January 1,2014:   See the account balances for Wolfe Inc. On January 31,Wolfe collected $12,000 of its accounts receivable and paid $11,000 on its note payable.In Wolfe's trial balance prepared on January 31,2014,the total of the credit column is: A) $297,000 B) $287,000 C) $286,000 D) $275,000 See the account balances for Wolfe Inc.
On January 31,Wolfe collected $12,000 of its accounts receivable and paid $11,000 on its note payable.In Wolfe's trial balance prepared on January 31,2014,the total of the credit column is:


A) $297,000
B) $287,000
C) $286,000
D) $275,000

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