Question

The ledger account balances for Company B at December 31, 2025 are as follows: Cash $...

The ledger account balances for Company B at December 31, 2025 are as follows:

Cash $ 300
Accounts Receivable 522
Prepaid Insurance 74
Supplies 160
Equipment 4,000
Accumulated Depreciation, Equipment 600
Accounts Payable 384
Common Stock 1,200
Retained Earnings 1,400
Service Revenue 3,000
Salaries and Wages Expense 1,000
Rent Expense 500


If all accounts have normal balances, what would be total debits on the trial balance at December 31, 2022?

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Debit Balances 300 522) 74 160 Cash Accounts Receivable Prepaid Insurance Supplies Equipment Salaries and wages Expense Rent

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