80.2K
Verified Solution
Link Copied!
Shown below is a trial balance for Novelty Toys, Inc., on December 31,after adjusting entries Novelty Toys, Inc. Trial Balance December 31 $ 15,15e 12,575 21,860 Cash Accounts Receivable Office Equipment Accumulated Depreciation Accounts Payable Capital Stock Retained Earnings Dividends Fees Earned Salaries Expense Advertising Expense Depreciation Expense $ 5,650 7,575 22,150 7,150 43,750 15,300 3,075 4.075 s 79,125 $ 79,125 The total debits in the After-Closing Triai Balance will equal Shown below is a trial balance for Novelty Toys, Inc., on December 31,after adjusting entries Novelty Toys, Inc. Trial Balance December 31 $ 15,15e 12,575 21,860 Cash Accounts Receivable Office Equipment Accumulated Depreciation Accounts Payable Capital Stock Retained Earnings Dividends Fees Earned Salaries Expense Advertising Expense Depreciation Expense $ 5,650 7,575 22,150 7,150 43,750 15,300 3,075 4.075 s 79,125 $ 79,125 The total debits in the After-Closing Triai Balance will equal
Answer & Explanation
Solved by verified expert