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9 August, 03:34

Given the following list of accounts with normal balances, what are the trial balance totals of the debits and credits?

Cash

$1,100

Accounts Receivable

800

Capital

1,900

Withdrawals

500

Service Fees

1,000

Rent Expense

500

A. $2,900 debit, $2,900 credit

B. $3,900 debit, $3,900 credit

C. $2,000 debit, $2,000 credit

D. $1,200 debit, $1,200 credit

+5
Answers (1)
  1. 9 August, 04:16
    0
    Hi there

    The debt side should be equalthe credit side

    The debt side includes

    Cash $1,100

    Accounts Receivable 800

    Withdrawals 500

    Rent Expense 500

    Total = 2900

    The credit side includes

    Capital 1,900

    Service Fees 1,000

    Total=2900

    So it's A

    Good luck!
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Home » Business » Given the following list of accounts with normal balances, what are the trial balance totals of the debits and credits? Cash $1,100 Accounts Receivable 800 Capital 1,900 Withdrawals 500 Service Fees 1,000 Rent Expense 500 A.
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