Given the Following Balances,what Would the Total Credits in the Trial

question 68

Multiple Choice

Given the following balances,what would the total credits in the trial balance equal?
$\begin{array}{lll}\text { 1. Equipment } & \$ 52,000 \\\text { 2. Accounts Payable } & 1,000 \\\text { 3. Sales } & 51,000 \\\text { 4. Accumulated Depreciation } & 3,000 \\\text { 5. Accounts Receivable } & 4,000 \\\text { 6. Retained Earnings } & 13,000 \\\text { 7. Salary Expense } & 4,000 \\\text { 8. Cash } & 12,000 \\\text { 9. Paid-in Capital } & 10,000 \\\text { 10. Cost of Goods Sold } & 25,000\end{array}$

• A)$103,000
• B)$129,000
• C)$ 97,000
• D)$78,000
• E)$83,000

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