Question
If the following accounts have normal balances at the business year end, what will the trial balance total debits and total credits both equal. Supplies
If the following accounts have normal balances at the business year end, what will the trial balance total debits and total credits both equal.
Supplies Inventory $ 4,120
Prepaid Expenses 2,800
Accounts Payable 6,700
Rent Expense 9,100
Accounts Receivable 5,400
Notes Payable 7,300
Cash 10,240
Salaries Expense 54,000
Revenue 121,650
Advertising Expense 3,900
Equipment 67,230
Owner's Capital 78,450
Owner's Drawings 32,000
Supplies Expenses 20,600
Office Expenses 4,710
If the following accounts have normal balances at the business year end, what will the trial balance total debits and total credits both equal.
Supplies Inventory $ 4,120
Prepaid Expenses 2,800
Accounts Payable 6,700
Rent Expense 9,100
Accounts Receivable 5,400
Notes Payable 7,300
Cash 10,240
Salaries Expense 54,000
Revenue 121,650
Advertising Expense 3,900
Equipment 67,230
Owner's Capital 78,450
Owner's Drawings 32,000
Supplies Expenses 20,600
Office Expenses 4,710
$214,100
$422,890
$428,200
$213,500
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