What Is Total Debits on This Trial Balance

question 172

Multiple Choice

What is total debits on this trial balance?
Common stock…….$120,000 Accounts payable…...$25,000
Cash………………..$116,640 Accounts receivable..$22,450
Supplies………........$ 1,500 Office equipment…...$23,300
Prepaid rent……….$ 3,200 Unearned revenue….$ 4,152
Service revenue…...$ 20,000 Utilities expense…....$ 422
Beginning Shaving equipment…$31,640
Retained earnings.$ 30,000

• A) $291,340
• B) $106,964
• C) $199,152
• D) $193,390
• E) $203.152

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Definitions:

Balancing Power

The act of equalizing influence or control among different groups or individuals, often in the context of labor relations.

Critical Industrial Relations

Analysis of employment relationships, focusing on power dynamics, conflict, and the regulatory framework.

Capitalistic System

An economic system where private individuals rather than the state own and operate the means of production and distribution of goods and services, driven by profit.

Pluralist View

The perspective that power in societies is distributed among various groups and interests, and that no single group dominates others consistently.