Parachute Country Club Use the selected accounts for Parachute Country Club presented below to answer the following question(s).
Read the information about Parachute Country Club.
Assuming that there are no other transactions,how much was owed to the club by the membership on August 7th?
A)$1,800
B)$1,300
C)$ 900
D)$ 500

Question

Parachute Country Club Use the selected accounts for Parachute Country Club presented below to answer the following question(s).
   Read the information about Parachute Country Club.
Assuming that there are no other transactions,how much was owed to the club by the membership on August 7th?
A)$1,800 
B)$1,300 
C)$ 900 
D)$ 500

Quizplus · Accepted Answer

To find the amount owed to the club by membership on August 7th, we need to add up the balances of all the members as of that date. 
From the given accounts:
- Member A owes $500 as of August 7th.
- Member B owes $400 as of August 7th.
- Member C owes nothing as their balance is 0.00 as of August 7th.
Adding these balances, we get: 
$500 + $400 + $0 = $900
Therefore, the amount owed to the club by the membership on August 7th is $900.

Parachute Country Club Use the Selected Accounts for Parachute Country