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Question(s) / Instruction(s):

A company had the following account balances at year-end:

Cash …………………….$30,000

Accounts receivable …….. 32,000

Accounts payable …………20,000

Fees earned ………………..65,000

Rent expense ……………….15,000

Insurance expense ………… 4,800

Supplies …………………..  5,000

Common stock ……………. 5,000

Retained Earnings ………….14,800

Dividends …………………… 18,000

  
If all of the accounts have normal balances, what are the totals for the trial balance?

 

$104,800

 

$45,200

 

$67,000

 

$186,600

 

$209,600

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