Knowledge Check 01 A company's general ledger reports the following account balances at the end of the accounting period. Accounts Payable Additional Paid-In Capital Cash Common Stock Property and Equipment Retained Earnings $ 12,000 49,000 6,000 1,000 71,000 15,000 What is the amount of the total that will appear at the bottom of both the debit and the credit columns of the trial balance that is prepared using those account balances? Total 1

Knowledge Check 01 A company's general ledger reports the following account balances at the end of the accounting period: What is the amount of the total that will appear at the bottom of both the debit and the credit columns of the trial balance that is prepared using those occount balances