the accounts of yardy company are as follows on november 30, of the current year: account balance accounts…

the accounts of yardy company are as follows on november 30, of the current year: account balance accounts payable $25,500 accounts receivable $20,600 cash $69,000 common stock $37,000 dividends $5,000 insurance expense $3,100 retained earnings $27,800 salary expense $14,000 sales revenue $22,900 supplies $1,500 what is the total of the credit column in the trial balance at november 30, of the current year? a. $113,200 b. $90,300 c. $95,300 d. $226,400

the accounts of yardy company are as follows on november 30, of the current year: account balance accounts payable $25,500 accounts receivable $20,600 cash $69,000 common stock $37,000 dividends $5,000 insurance expense $3,100 retained earnings $27,800 salary expense $14,000 sales revenue $22,900 supplies $1,500 what is the total of the credit column in the trial balance at november 30, of the current year? a. $113,200 b. $90,300 c. $95,300 d. $226,400

Answer

Explanation:

Step1: Identify credit - balance accounts

Accounts Payable ($25,500), Common Stock ($37,000), Retained Earnings ($27,800), Sales Revenue ($22,900) are credit - balance accounts.

Step2: Calculate total credit balance

$25500 + 37000+27800 + 22900$=$113200$

Answer:

A. $113,200