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A new employee prepared the following list of account balances from General Ledger but listed the amounts in one column instead of putting the
A new employee prepared the following list of account balances from General Ledger but listed the amounts in one column instead of putting the amounts in the debit and credit columns. All accounts have normal balances. Account Cash Amount $1,015 Accounts Receivable 210 Prepaid Insurance 140 Supplies 40 Equipment 1,880 Accounts Payable 185 Deferred Revenue 65 Notes Payable 1,000 Common Stock 750 Retained Earnings 470 Dividends 5 Services Revenue 975 Advertising Expense 100 Salaries Expense 25 Rent Expense 20 Utilities Expense 10 Required: Determine whether each account should be in the debit or the credit column of a trial balance. Then calculate the total of the accounts with debit balances, and total for the accounts with credit balances. Enter a dollar amount for the total of each column in the boxes below. DO NOT USE $ IN YOUR ANSWERS AND USE ONLY WHOLE NUMBERS. Total debit column $ Total credit column $
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