The following are the account balances for Facci Company on December 31. Assume all accounts have normal balances. If thecompany prepares a trial balance at this time, what will be the debit and credit totals?Cash$11,680Accounts Receivable2,300780SuppliesBuilding5,460Land9,700Accounts Payable16,500Retained Earnings6,270Dividends300Fees Earned14,600Salaries Expense5,600Rent Expense1,200Utilities350O a. $28,320O b. $46,420O c. $74,740O d. $37,370

TB stands for Trial balance refers to the worksheet of bookkeeping under which all the balance of…

The following are the account balances for Facci Company on December 31. Assume all accounts have normal balances. If the company prepares a trial balance at this time, what will be the debit and credit totals? Cash $11,680 Accounts Receivable 2,300 Supplies 780 Building 5,460 Land 9,700 Accounts Payable 16,500 Retained Earnings 6,270 Dividends 300 Fees Earned 14,600 Salaries Expense 5,600 200

The following are the account balances for Facci Company on December 31. Assume all accounts have normal balances. If the company prepares a trial balance at this time, what will be the debit and credit totals? Cash $11,680 Accounts Receivable 2,300 Supplies 780 Building 5,460 Land 9,700 Accounts Payable 16,500 Retained Earnings 6,270 Dividends 300 Fees Earned 14,600 Salaries Expense 5,600 200

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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