Post each transaction to T-accounts and compute the ending balance of each account. The beginning balance of each account before the transactions is: Cash, $3,300; Accounts Receivable, $4,100; Supplies, $390; Accounts Payable, $3,400; Deferred Revenue, $290. Service Revenue and Advertising Expense each have a beginning balance of zero.

answer: b) the us is the leading importer but not the leading exporter.

extra info:

the u.s is the largest importer but it is not the largest exporter as china sits on the top of the table when it comes to leading exporters.

but u.s is not far from first,

they rank in 2nd globally as the worlds largest exporter.

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