Solved

Given the Following List of Accounts with Normal Balances,what Are

Question 74

Multiple Choice

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\begin{array} {| l | r| } \hline \text { Cash } & \$ 1,100 \\\hline \text { Accounts Receivable } & 800 \\\hline \text { Capital } & 1,900 \\\hline \text { Withdrawals } & 500 \\\hline \text { Service Fees } & 1,000 \\\hline \text { Rent Expense } & 500 \\\hline\end{array}


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

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions