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Given the following adjusted trial balance, what will be the totals for the debit and credit columns of the post-closing trial balance? Debit Credit Cash
Given the following adjusted trial balance, what will be the totals for the debit and credit columns of the post-closing trial balance?
Debit | Credit | ||
---|---|---|---|
Cash | $897 | ||
Accounts receivable | 1133 | ||
Inventory | 1687 | ||
Prepaid rent | 46 | ||
Equipment | 160 | ||
Accumulated depreciation-equipment | $28 | ||
Accounts payable | 44 | ||
Unearned service revenue | 93 | ||
Common stock | 112 | ||
Retained earnings | 3570 | ||
Service revenue | 172 | ||
Interest revenue | 30 | ||
Salaries and wages expense | 90 | ||
Travel expense | 36 | ||
Total | $4049 | $4049 |
A) $3895
B) $4049
C) $4021
D) $3923
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