Question
The trial balance for Clooney Corporation had accounts with the following normal balances: Cash $5,000; Service Revenue $85,000, Salaries and Wages Payable $4,000, Salaries
The trial balance for Clooney Corporation had accounts with the following normal balances: Cash $5,000; Service Revenue $85,000, Salaries and Wages Payable $4,000, Salaries and Wage Expense $40,000. Rent Expense $10,000, Common Stock $42,000, Dividends $15,000, and Equipment $61,000. Assuming these are the only accounts of Clooney Corporation, what is the total in debit column in their Trial Balance? Answer:
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College Accounting Chapters 1-27
Authors: James A. Heintz, Robert W. Parry
22nd Edition
130566616X, 978-1305666160
