Business, 07.05.2021 23:00 raiindrxp

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

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

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