Question
The account balances for HydroTech as of May 31, 2003, are listed below in alphabetical order: Accounts Payable $10,000 Equipment $16,000 Accounts Receivable 12,000 Land
The account balances for HydroTech as of May 31, 2003, are listed below in alphabetical order:
| Accounts Payable | $10,000 | Equipment | $16,000 |
| Accounts Receivable | 12,000 | Land | 50,000 |
| Building | 40,000 | Notes Payable | 28,000 |
| Capital Stock | 76,000 | Retained Earnings | 10,000 |
| Cash | 6,000 |
|
|
Refer to the above data. In a trial balance prepared on May 31, 2003, the sum of the debit column is:
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Managerial Accounting
Authors: Morse Hartgraves
8th Edition
1618532359, 9781618532350
