Cash 25,000, Purchases 40,000, Rent 5,000 and Furniture 20,000 are debits. What is the trial balance total?
ARs 80,000
BRs 70,000
CRs 1,00,000
DRs 90,000
Answer & Solution
Correct answer: D. Rs 90,000
25,000 + 40,000 + 5,000 + 20,000 = 90,000, and the credit side must also total this amount.
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