What would the total in the debit column of the trial balance be for Knox Consolidated if Knox had accounts with these normal balances: cash, $4,000; service revenue, $84,000; salaries and wages payable, $6,000; salaries and wages expense, $39,000; rent expense, $11,000; owner’s capital, $44,000; owner’s drawings, $20,000; equipment, $60,000?
a. $134,000
b. $219,000
c. $119,000
d. $94,000
The total in the debit column of the trial balance would be $219,000.
Calculation:
Cash (debit) - $4,000
Service revenue (credit) + $84,000
Salaries and wages payable (credit) + $6,000
Salaries and wages expense (debit) - $39,000
Rent expense (debit) - $11,000
Owner's capital (credit) + $44,000
Owner's drawings (debit) - $20,000
Equipment (debit) - $60,000
Total = $4,000 + $84,000 + $6,000 - $39,000 - $11,000 + $44,000 - $20,000 - $60,000
Total = $219,000
Therefore, the correct answer is b. $219,000.