The following is a random list of the adjusted account balances of Wyoming Company as of the end of the current accounting period: What is the total of the credit account balances that will be shown on the adjusted trial balance?
A)$112,200
B)$114,200
C)$116,200
D)$79,800

Question

The following is a random list of the adjusted account balances of Wyoming Company as of the end of the current accounting period:  What is the total of the credit account balances that will be shown on the adjusted trial balance?
A)$112,200 
B)$114,200 
C)$116,200 
D)$79,800

Quizplus · Accepted Answer

To find the total credit account balances on the adjusted trial balance, we need to add up all the credit balances from the accounts listed. From the given list of accounts, the credit balances are:
Accounts Payable: $29,000
Common Stock: $50,000
Retained Earnings: $35,200
Total Credit Balances: $114,200

The Following Is a Random List of the Adjusted Account