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The following adjusted trial balance was drawn from the records of the Dakota Company ...

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Accounting

The following adjusted trial balance was drawn from the records of the Dakota Company
\table[[Adjusted Trial Balance],[Account Title,Debit,Credit],[Cash,400,],[Equipment,1,000,],[Accounts Payable,,400],[Common Stock,,300],[Retained Earnings,,200],[Service Revenue,,1,100],[Operating Expenses,500,],[Dividends,100,],[Totals,2,000,2,000]]
Based on the information in the adjusted trial balance
Multiple Choice
the total of the debit column in the post-closing trial balance will be $2,000
the total of the debit column in the post-closing trial balance will be $1,400
the total of the credit column in the post-closing trial balance will be $2,000
the total of the credit column in the post-closing trial balance will be $1.500
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