The accounts in the ledger of Morris Entertainment Co. are listed below. All accounts have normal balances. If you were to prepare a trial balance based on the amounts below, what is the total of credits? Accounts Payable Accounts Receivable $4,100 3,450 6,700 17,800 7,500 14,500 850 Rent Expense Salary Expense Fees Earned S11,500 14,000 45,425 3,125 1,700 4,000 Cash Common Stock Dividends Supplies Supplies Expense Utilities Expense Equipment Miscellaneous Expense

College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter3: The Double-entry Framework
Section: Chapter Questions
Problem 4CE: The following accounts have normal balances. Prepare a trial balance. Accounts Payable, 20; Accounts...
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The accounts in the ledger of Morris Entertainment Co. are listed below. All accounts have normal balances.
If you were to prepare a trial balance based on the amounts below, what is the total of credits?
Accounts Payable
Accounts Receivable
$4,100
3,450
6,700
17,800
7,500
14,500
850
Rent Expense
Salary Expense
Fees Earned
S11,500
14,000
45,425
3,125
1,700
4,000
Cash
Common Stock
Dividends
Supplies
Supplies Expense
Utilities Expense
Equipment
Miscellaneous Expense
Transcribed Image Text:The accounts in the ledger of Morris Entertainment Co. are listed below. All accounts have normal balances. If you were to prepare a trial balance based on the amounts below, what is the total of credits? Accounts Payable Accounts Receivable $4,100 3,450 6,700 17,800 7,500 14,500 850 Rent Expense Salary Expense Fees Earned S11,500 14,000 45,425 3,125 1,700 4,000 Cash Common Stock Dividends Supplies Supplies Expense Utilities Expense Equipment Miscellaneous Expense
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