Reference no: EM132552244

Flinn's Forest Products showed the following account balances at the end of 2021:

Cash.................................................... $ 62,000

Accounts Receivable........................ 21,000

Accounts Payable............................. 16,600

Unearned Revenue........................... 1,200

Sales.................................................... 112,000

Flinn, Capital..................................... 71,500

Flinn, Withdrawals.......................... 62,000

Office Supplies.................................. 2,800

Wages Expense................................. 45,000

Utilities Expense.............................. 8,500

Question 1: Assuming all accounts have normal balances, what are the totals for the debit and credit columns in the trial balance?

Option 1: $201,300

Option 2: $200,100

Option 3: $139,300

Option 4: $129,800