^answes for question

^multiple choice for that question

Which of the following statements regarding debits and credits is always correct? Multiple Choice The total value of all debits to a particular account must equal the total value of all credits to that account. O The total value of all debits recorded in the ledger must equal the total value of all credits recorded in the ledger. Debits decrease accounts while credits increase them. The normal balance for an account is the side on which it decreases. Constable Co. reported the following information at December 31, 2020: Accounts Payable Accounts Receivable Cash Common Stock Equipment Inventory Notes Payable due December 31, 2023 Retained Earnings, December 31, 2020 Taxes Payable $ 4,570 9,420 ??? 90,700 50,200 31,900 2,570 14,160 3,710 On Constable Co's December 31, 2020 trial balance, what is the total of the credit column? Multiple Choice $115,710 $104,860 $109,430 $113,140 Accounts Payable had a balance of $18,230 at the beginning of the month. During the month, three debits in the amounts of $4,670, $11,270, and $14,770 and three credits in the amounts of $3,630, $9,530, and $12,730 were posted to the account. What is the ending balance of the Accounts Payable account? Multiple Choice $23,050 $48,940 $13,410 $4,820 Equipment Beginning Balance 124,700 (a) 14,780 (b) 38,380 (c) 6,080 (d) 5,880 (e) 7,480 (f) 12,080 (g) 11,280 What is the ending balance of the Equipment account? Multiple Choice $28,740 $114,340 $220,660 $135,060