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Based on the accounts shown below in the Partial Adjusted Trial Balance dated 12/31/20xx, what is the total dollar ($) amount of the Credits?

Based on the accounts shown below in the Partial Adjusted Trial Balance dated 12/31/20xx, what is the total dollar ($) amount

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Answer #1

Answer- The total dollar amount of the Credits is =$119169.

Explanation- Total dollar amount of the Credits = Allowance for Uncollectible Accounts+ Retained Earnings+ Common stock+ Revenue+ Sales discount

= $1152+$4000+$70000+$40615+$3402

= $119169

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