If a fee of $2,850 earned from a client was debited to accounts receivable for $2,580 and credited to fees earned for $2,850, which of the following statements would be true? (a) the credit total of the trial balance would be higher by $270.(b) the debit total of the trial balance would be higher by $270.(c) the wrong account is credited(d) the trial balance total would be equal

Jamie is saving for a trip to europe. she has an existing savings account that earns 3 percent annual interest and has a current balance of $4,200. jamie doesn’t want to use her current savings for vacation, so she decides to borrow the $1,600 she needs for travel expenses. she will repay the loan in exactly one year. the annual interest rate is 6 percent. a. if jamie were to withdraw the $1,600 from her savings account to finance the trip, how much interest would she forgo? .b. if jamie borrows the $1,600 how much will she pay in interest? c. how much does the trip cost her if she borrows rather than dip into her savings?