AFP
CTP · Question #371
(Topic 4) XYZ Corporation's current ledger balance of the controlled disbursement account is $1,286,500. Based on the information in the table, what will the corporation's available balance be at…
The correct answer is B. $126,744. See the full explanation below for the reasoning.
Question
- (Topic 4)
XYZ Corporation’s current ledger balance of the controlled disbursement account is $1,286,500. Based on the information in the table, what will the corporation's available balance be at the end of today?
Options
- B$126,744
- C$434,706
- D$1,748,473
How the community answered
(54 responses)- B74% (40)
- C7% (4)
- D19% (10)
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