Based on the following information, what would be the total on the Credit side of a post- closing trial balance,…

For George – A-Plus Writer – Assignment 3: Population Demographics
August 15, 2021
Discussion Board #2 – Discussion Board #2 6
August 15, 2021

Based on the following information, what would be the total on the Credit side of a post- closing trial balance,…

Based on the following information, what would be the total on the Credit side of a post- closing trial balance, assuming all accounts have a normal balance?

 
  Cash $6,874     Dividends $3,200  
  Accounts receivable 14,933     Consulting fees earned 14,918  
  Office supplies 2,745     Rent expense 3,793  
  Land 38,353     Salaries expense 6,762  
  Office equipment 15,735     Telephone expense 680  
  Accounts payable 6,583     Miscellaneous expense 400  
  Common stock 55,690     Retained Earnings ?  
[removed] $85,223
[removed] $77,191
[removed] $93,475
[removed] $78,640
[removed] $62,356
 
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