Given the following list of accounts with normal balances,what are the trial balance totals of the debits and credits?
$$\begin{array} { | l | r | }
\hline \text { Cash } & \$ 1,100 \
\hline \text { Accounts Receivable } & 800 \
\hline \text { Capital } & 1,900 \
\hline \text { Accounts Payable } & 500 \
\hline \text { Service Fees Earned } & 1,000 \
\hline \text { Rent Expense } & 1,500 \
\hline
\end{array}$$
A)$3400 debit,$3400 credit
B)$3,900 debit,$3,900 credit
C)$2,000 debit,$2,000 credit
D)$1,200 debit,$1,200 credit

Question

Given the following list of accounts with normal balances,what are the trial balance totals of the debits and credits?
$$\begin{array} { | l | r | } 
\hline \text { Cash } & \$ 1,100 \
\hline \text { Accounts Receivable } & 800 \
\hline \text { Capital } & 1,900 \
\hline \text { Accounts Payable } & 500 \
\hline \text { Service Fees Earned } & 1,000 \
\hline \text { Rent Expense } & 1,500 \
\hline
\end{array}$$
A)$3400 debit,$3400 credit
B)$3,900 debit,$3,900 credit
C)$2,000 debit,$2,000 credit
D)$1,200 debit,$1,200 credit

Quizplus · Accepted Answer

The debits are Cash ($1,100), Accounts Receivable ($800), and Rent Expense ($1,500), totaling $3,400. The credits are Capital ($1,900), Accounts Payable ($500), and Service Fees Earned ($1,000), also totaling $3,400.

Given the Following List of Accounts with Normal Balances,what Are