Kenham Co Was Organized on April 1, 2022 What Will Be the Total in the Balance Sheet Debit

question 182

Multiple Choice

Kenham Co. was organized on April 1, 2022. The company prepares monthly financial statements. The adjusted trial balance amounts in the April 30 worksheet are shown below.
$\begin{array}{lrlrr}&\text { Debit}&&\text {Credit }\\\hline\text { Cash } & \$ 6,700 & \text { Accumulated Depreciation- } & \\\text { Accounts Receivable } & 600 & \text { Equipment } & 850 \\\text { Prepaid Insurance } & 1,800 & \text { Notes Payable } & 5,000 \\\text { Supplies } & 1,000 & \text { Accounts Payable } & 1,510 \\\text { Equipment } & 15,000 & \text { Salaries and Wages Payable } & 400\\\text { Owner's Drawings } & 600 & \text { Interest Payable } & 550 \\\text { Salaries and Wages Expense } & 9,400 & \text { Owner's Capital } & 13,000 \\\text { Insurance Expense } & 1,200 & \text { Service Revenue } & 15,800 \\\text { Depreciation Expense } & 850 & \text { Rent Revenue } & 800\\\text { Supplies Expense } & 200 \\\text { Utilities Expense } & 510 \\\text { Interest Expense } & 50\\&\$37,910&&\$37,910\end{array}$
What will be the total in the balance sheet debit column?

• A) $ 24,250
• B) $ 25,100
• C) $ 25,300
• D) $ 25,700

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