Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Using the ending balances shown in the Partial Adjusted Trial Balance listed below, what is the total dollar ($) balance for the accounts that have

image text in transcribed

image text in transcribed

Using the ending balances shown in the Partial Adjusted Trial Balance listed below, what is the total dollar ($) balance for the accounts that have a normal credit balance? Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only input: 24123 Partial Adjusted Trial Balance December 31, 20xx Accounts Normal Balance Cash 10,000 5,000 150,000 50,000 9,000 6,000 Accounts Receivable Inventory Sales Tax Payable Accounts Payable Deferred Revenue Current Portion Long-term Debt Long-term Debt Common Stock Treasury Stock Retained Earnings Dividends Service Revenue Cost of Good Sold Rent Expense 10,000 50,000 25,000 7,000 50,000 7,000 20,000 5,000 5,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting And Finance An Introduction

Authors: Eddie McLaney

7th Edition

2309903011, 9781292012650

More Books

Students also viewed these Accounting questions

Question

How organized or ready for action on this issue is this public?

Answered: 1 week ago

Question

What does this public know about your organization?

Answered: 1 week ago

Question

What does this public expect from your organization?

Answered: 1 week ago