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A company had the following accounts and balances year-end: Cash $29,000 A/R 32,000 A/P 19,000 Fees Earned 64,000 Rent Exp. 15,000 Insurance Exp 4,800 Supplies
A company had the following accounts and balances year-end:
Cash $29,000
A/R 32,000
A/P 19,000
Fees Earned 64,000
Rent Exp. 15,000
Insurance Exp 4,800
Supplies 4,000
Sam, capital 18,800
sam, withdrawals 17,000
If all of the accounts have normal balances, what are the totals for the trial balance? A. $55,400. B. $68,850. C. $101,800. D. $210,450. E. $245,440.
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