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Question(s) / Instruction(s):

Shown below is a trial balance for Novelty Toys, Inc., on December 31, after adjusting entries: Novelty Toys, Inc. Trial Balance December 31,20 Cash $8,700 Accounts receivable 7,375 Office equipment 13,050 Accumulated Depreciation $2,500 Accounts payable 1,975 Capital Stock 10,050 Retained earnings -0- Dividends 4,050 Fees earned 28,600 Salaries expense 6,100 Advertising expense 1,625 Depreciation expense 2,225 $43,125 $43,125 Refer to the above data. The total debits in the After-Closing Trial Balance will equal: a) $29,125. b) $43,125. c) $33,175. d) Some other amount.

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