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When the general ledger ending account balances (all balances are shown as normal balances) shown below are used to build the
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Answer #1
Balance Sheet
As of 12/31/xx
Particulars Debit $ Credit $
Cash 12500
Account Receivble 6700
Account Payable 5000
Deferred Revenue 2100
Retained Earning 9500
Common Stock 7300
Services Revenue 700
Salary Expense 5000
Utility Expense 400
Total 24600 24600

Here, Total Of Debit Side In Trial Bal. is $24600

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