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What is the total of the trial balance

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Reference no: EM132902477

Jelly's Grocery Store showed the following account balances at the end of 2020:

Cash $32,000

Accounts receivable 39,000

Accounts payable 27,000

Revenue 51,000

Rent expense 2,000

Insurance expense 13,600

Salary expense 8,000

Supplies 25,000

Jelly, capital 49,600

Jelly, withdrawals 8,000

Problem 1: If all of the accounts have normal balances, what is the total of the trial balance?

a. $86,000

b. $119,600

c. $127,600

d. $186,600

e. $255,500

Reference no: EM132902477

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