Anthoney Inc's trial balance contains the following balances:
Cash $532 Accounts Payable $341 Revenue $671
Accounts Receivable $276 Expenses $204
What is the amount of total credits for this trial balance?
A)$545
B)$1,012
C)$1,479
D)$1,683

Question

Quizplus · Accepted Answer

The total credits for this trial balance is $1,012. This is because the total of the credit balances ($276 + $671 = $1,012) is equal to the total of the debit balances ($532 + $341 + $204 = $1,012).

Anthoney Inc's Trial Balance Contains the Following Balances