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Based on the Partial Adjusted Trial Balance listed below, what is the total balance of all of the accounts that have a normal debit balance?
Based on the Partial Adjusted Trial Balance listed below, what is the total balance of all of the accounts that have a normal debit balance?
Partial Adjusted Trial Balance | |
December 31, 20xx | |
Accounts | Normal Balance |
Cash | 10,000 |
Accounts Receivable | 5,000 |
Building | 150,000 |
Accumulated Depreciation | 50,000 |
Accounts Payable | 1,000 |
Deferred Revenue | 3,000 |
Current Portion Long-term Debt | 10,000 |
Long-term Debt | 50,000 |
Common Stock | 25,000 |
Treasury Stock | 7,000 |
Retained Earnings | 50,000 |
Dividends | 6,000 |
Service Revenue | 20,000 |
Cost of Good Sold | 5,000 |
Rent Expense | 5,000 |
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