Using the ending balances shown in the Partial Adjusted Trial Balance listed below, what is the total dollar ($) balance for the accounts that have a normal credit balance? Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only input: 24123 Partial Adjusted Trial Balance December 31, 20xx Accounts Normal Balance Cash 10,000 Accounts Receivable 5,000 Inventory Sales Tax Payable 150,000 50,000 Accounts Payable 1,000 Deferred Revenue 10,000 Current Portion Long-term Debt 10,000 Long-term Debt 50,000 Common Stock 25,000 Treasury Stock Retained Earnings 3,000 50,000 Dividends 5,000 Service Revenue 20,000 Cost of Good Sold 5,000 Rent Expense 5.000
Using the ending balances shown in the Partial Adjusted Trial Balance listed below, what is the total dollar ($) balance for the accounts that have a normal credit balance? Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only input: 24123 Partial Adjusted Trial Balance December 31, 20xx Accounts Normal Balance Cash 10,000 Accounts Receivable 5,000 Inventory Sales Tax Payable 150,000 50,000 Accounts Payable 1,000 Deferred Revenue 10,000 Current Portion Long-term Debt 10,000 Long-term Debt 50,000 Common Stock 25,000 Treasury Stock Retained Earnings 3,000 50,000 Dividends 5,000 Service Revenue 20,000 Cost of Good Sold 5,000 Rent Expense 5.000
Chapter10: Financial Statements And Reports
Section: Chapter Questions
Problem 3.4C
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