11) A company's accountant is trying to prepare an adjusted trial balance from the list of accounts below. Cash Retained Earnings Prepaid Rent Salaries Expense Equipment Service Revenue Miscellaneous Expense Supplies Dividends Accounts Payable Common Stock What is the total amount of debits? A) $114,000. B) $86,000. C) $81,000. $ 12,000 31,000 2,000 15,000 68,000 40,000 10,000 4,000 3,000 5,000 38,000 D) $11,000.

11) A company's accountant is trying to prepare an adjusted trial balance from the list of accounts below. Cash Retained Earnings Prepaid Rent Salaries Expense Equipment Service Revenue Miscellaneous Expense Supplies Dividends Accounts Payable Common Stock What is the total amount of debits? A) $114,000. B) $86,000. C) $81,000. $ 12,000 31,000 2,000 15,000 68,000 40,000 10,000 4,000 3,000 5,000 38,000 D) $11,000.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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