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Given the Following List of Accounts with Normal Balances, What

Question 139

Multiple Choice

Given the following list of accounts with normal balances, what are the trial balance totals of the debits and credits? Cash$1,200Accounts Receivable700Capital1,900Withdrawals500Service Fees 1,000Rent Expense500\begin{array}{l}\begin{array} {| l | l | } \hline \text {Cash}&\$1,200 \\\hline \text {Accounts Receivable}&700\\\hline \text {Capital}&1,900\\\hline \text {Withdrawals}&500\\\hline \text {Service Fees }&1,000\\\hline \text {Rent Expense}&500\\\hline\end{array}\end{array}


A) $2,900 debit, $2,900 credit
B) $3,900 debit, $3,900 credit
C) $2,000 debit, $2,000 credit
D) $1,200 debit, $1,200 credit

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