1. What is the total credits for the final trial balance?

• 284,477

• Can not be calculated

• 176,100

2. How much is total liabilities in the trial balance?

• 176,100

• 76,200

• 26,200

• 32,300

3. In a trial balance, the total debits should equal total credits?

• True

• False

4. A trial balance includes accounts from the ___________ and _____________ .

• Income statement and balance sheet

• Income statement, balance sheet and statement of cash flows

• Income statement and statement of cash flows

• Balance sheet and statement of cash flows

5. What is the calculation for the Net Debits computation in the Calculated Fields, Items and Sets?

• IF(Credit>Debit, Credit Debit)

• IF(Debit>Credit, Credit Debit)

• IF(Debit>Credit, Debit Credit)

• IF(Credit>Debit, Debit Credit)