Given the following adjusted trial balance, what will be the totals for the debit and...
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Accounting
Given the following adjusted trial balance, what will be the totals for the debit and credit columns of the post-closing trial balance?
| Debit | Credit | ||
|---|---|---|---|
| Cash | $897 | ||
| Accounts receivable | 1133 | ||
| Inventory | 1687 | ||
| Prepaid rent | 46 | ||
| Equipment | 160 | ||
| Accumulated depreciation-equipment | $28 | ||
| Accounts payable | 44 | ||
| Unearned service revenue | 93 | ||
| Common stock | 112 | ||
| Retained earnings | 3570 | ||
| Service revenue | 172 | ||
| Interest revenue | 30 | ||
| Salaries and wages expense | 90 | ||
| Travel expense | 36 | ||
| Total | $4049 | $4049 |
A) $3895
B) $4049
C) $4021
D) $3923
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