Thal Balance
Account
Balances
Debit
Credit
Cash
$48,000
Accounts Receivable
10,000
Accounts Payable
12,000
Notes Payable
13,000
Common Stock
15,000
Retained Earnings
10,000
Dividends
2,000
Service Revenue
40,000
Salaries Expense
30,000
Totals
Knowledge Check 01
Below are the account balances of Harrington Company at the end of October. Prepare a trial balance indicating whether each
account balance is listed in the debit column or credit column. If no amount is needed for a cell, then enter $0.
Account Balances
Debit
Credit
Cash = $4,000
Buildings = $15,000
Accounts Payable = $3,000
Common Stock = $9,000
Retained Earnings = $5,000
Service Revenue = $13,000
Salaries Expense = $11,000
What is the total of each column?