Aggie Sports has the following balances on their trial balance in random order. Each account contains the balance that is normal for that type of account. Determine the amount of total debits?

Account

Balance

Account

Balance

Accounts Payable

$ $7,859$

Utilities Expense

$???$

Accounts Receivable

$6,584$

Income Tax Expense

$1,500$

Vehicles

$25,000$

Income Tax Payable

$2,000$

Buildings

$75,000$

Interest Revenue

$500$

Common Stock

$75,000$

Land

$50,000$

Cash

$15,000$

Note Payable

$60,000$

Cost of Goods Sold

$17,829$

Salaries Expense

$15,000$

Accumulated Depreciation

$12,000$

Equipment

$75,000$

Sale Revenue

$25,285$

Retained Earnings

$105,269$

Dividends

$2,000$

 

Answer rating: 100% (QA)

To determine the amount of total debits from the given trial balance we need to identify the account... View the full answer