Based on the following information, what would be the total on the Credit side of a post- closing trial balance,...
Based on the following information, what would be the total on the Credit side of a post- closing trial balance, assuming all accounts have a normal balance? |
| Cash | $6,874 | Dividends | $3,200 |
| Accounts receivable | 14,933 | Consulting fees earned | 14,918 |
| Office supplies | 2,745 | Rent expense | 3,793 |
| Land | 38,353 | Salaries expense | 6,762 |
| Office equipment | 15,735 | Telephone expense | 680 |
| Accounts payable | 6,583 | Miscellaneous expense | 400 |
| Common stock | 55,690 | Retained Earnings | ? |
| [removed] | $85,223 |
| [removed] | $77,191 |
| [removed] | $93,475 |
| [removed] | $78,640 |
| [removed] | $62,356 |
13 years ago
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