In reviewing the ledger and journals, the following errors were detected.

• A payment of $900 for utilities expense was debited to utilities expense account for $900 and credited to cash account for $600.

• A cash receipt of $1,200 for settlement of an account was recorded as a debit to cash account for $1,200 and a credit to accounts payable account for $1,200.

What amount is the correct total of all debit balances?

1. $22,000

2. $23,200

3. $24,700

ABC Company prepares a trial balance at the end of each month. On 31 May 2020, the trial balance did not balance as follows. ABC Company Trial balance 31 May 2020 Cr. Dr. $7.300 4,600 I Cash Accounts receivable Accounts payable Share capital Retained earnings Sales Salaries expense Utilities expense Total $6,000 4,500 700 12,000 8,700 2.900 $23,500 $23,200