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Based on the accounts shown below in the Partial Adjusted Trial Balance dated 12/31/20xx, what is the total dollar ($) amount of the Debits? Account Name Normal Account Balance Cash $15,000 $9,000 $90,596 Inventory Equipment Accumulated Depreciation Deferred Revenue $1,512 $4,000 Common Stock $75,514 Revenue $40,000 $3,639 Sales Return Cost of Goods Sold $3,000 Interest Expense $15,000 Fill in the blank with your calculated number
Based on the accounts shown below in the Partial Adjusted Trial Balance dated 12/31/20xx, what is the total dollar ($) amount of the Debits? Account Name Normal Account Balance Cash $15,000 $9,000 $90,596 Inventory Equipment Accumulated Depreciation Deferred Revenue $1,512 $4,000 Common Stock $75,514 Revenue $40,000 $3,639 Sales Return Cost of Goods Sold $3,000 Interest Expense $15,000 Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only Input: 24123
Expert Solution
Debit Balance = cash + inventory + equipment + sales return + cost of goods sold + interest expense
Debit Balance = 15000 + 9000 + 90596 + 3639 + 3000 + 15000
Debit Balance = 136235
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