the accounts of yardy company are as follows on november 30, of the current year:\naccount\tbalance\naccounts…

the accounts of yardy company are as follows on november 30, of the current year:\naccount\tbalance\naccounts payable\t$25,500\naccounts receivable\t$16,600\ncash\t$68,000\ncommon stock\t$36,000\ndividends\t$7,000\ninsurance expense\t$3,100\nretained earnings\t$25,800\nsalary expense\t$13,000\nsales revenue\t$26,900\nsupplies\t$6,500\nwhat is the total of the debit column in the trial balance at november 30, of the current year?\na. $107,200\nb. $114,200\nc. $228,400\nd. $94,300

the accounts of yardy company are as follows on november 30, of the current year:\naccount\tbalance\naccounts payable\t$25,500\naccounts receivable\t$16,600\ncash\t$68,000\ncommon stock\t$36,000\ndividends\t$7,000\ninsurance expense\t$3,100\nretained earnings\t$25,800\nsalary expense\t$13,000\nsales revenue\t$26,900\nsupplies\t$6,500\nwhat is the total of the debit column in the trial balance at november 30, of the current year?\na. $107,200\nb. $114,200\nc. $228,400\nd. $94,300

Answer

Explanation:

Step1: Identify debit - balance accounts

Accounts Receivable ($16,600), Cash ($68,000), Dividends ($7,000), Insurance Expense ($3,100), Salary Expense ($13,000), Supplies ($6,500) are debit - balance accounts.

Step2: Calculate the total

Total = $16,600 + 68,000+7,000 + 3,100+13,000+6,500$ Total = $114,200$

Answer:

B. $114,200$