Question

The following Adjusted Trial Balance was drawn from the records of the Dakota Company.

A. Account Title Debit Credit
B. Cash $500
C. Equipment 2,000
D. Accounts Payable $1,000
E. Common Stock 700
F. Retained Earnings 600
G. Service Revenue 900
H. Operating Expense600
I. Dividends 100
J. Totals $3,200 $3,200
Based on the information in the Trial Balance, the total amount of the debit column is

Answer 1

The total debit amount in the Adjusted Trial Balance for the Dakota Company is $3,200, consisting of Cash, Equipment, Operating Expense, and Dividends.

Step-by-step explanation:

The total amount of the debit column in the Adjusted Trial Balance for the Dakota Company is $3,200, which includes debits for Cash ($500), Equipment ($2,000), Operating Expense ($600), and Dividends ($100). To calculate this, you simply add up all the debit balances:

Cash $500

Equipment $2,000

Operating Expense $600

Dividends $100

The sum of these figures gives you the total debit amount of $3,200. This should match the total credits in the trial balance, which is also $3,200, consisting of Accounts Payable ($1,000), Common Stock ($700), Retained Earnings ($600), and Service Revenue ($900).