Question

The trial balance of Jeong Company had accounts with the following normal balances: Cash $5,000, Service Revenue $85,000, Salaries and Wages Payable $4,000, Salaries and Wages Expense $40,000, Rent Expense $10,000, Owner's Capital $42,000; Owner's Drawings $15,000; Equipment $61,000. In preparing a trial balance, the total in the debit column is:

Answer 1

The total debit in the trial balance is $70,000 when considering the normal balances of the accounts.

Step-by-step explanation:

In order to determine the total of the debit column in the trial balance, you need to understand the concept of normal balances. Normal balances are the expected side (debit or credit) that an account should have based on its nature. For example, assets have a normal debit balance, while liabilities and owner's equity have normal credit balances.

Given the normal balances provided in the trial balance, accounts with debit balances include Cash, Salaries and Wages Expense, Rent Expense, and Owner's Drawings. We can add up the amounts for these accounts to find the total debit:

AccountBalanceCash$5,000Salaries and Wages Expense$40,000Rent Expense$10,000Owner's Drawings$15,000

The total debit is $70,000.