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What would be the trial balance for henderson corporation

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Reference no: EM132862900

Question - On December 31, 2018, Henderson Corporation had the following account balances in its general ledger:

Cash $14,000

Sales Revenue 73,000

Advertising Expense 12,000

Accounts Receivable 20,000

Salaries Payable 2,000

Land 15,000

Retained Earnings, 1/1/18 8,000

Salaries Expense 28,000

Common Stock 10,000

Dividends 4,000

Required - What would be the trial balance for Henderson Corporation at December 31, 2018, and determine the correct statement?

a. The total debits equal $89,000.

b. The total debits equal $93,000.

c. The total debits equal $103,000.

d. Equal debits and credits in the trial balance ensure that there are no errors in the accounting records.

Reference no: EM132862900

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