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What is the trial balance total

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Reference no: EM132761282

Problem 1: Which of the following changes will not occur as a result of an entry in the bookkeeping records?

a) Asset increase, Liability increase
b) Asset increase, Capital increase
c) Capital increase, Liability increase
d) Capital increase, Liability decrease

The following are the year end balances in Sam's ledgers:

Sales RM43,000
Purchases RM16,000
Equipment RM22,000
Bank Overdraft RM8,000
Inventory RM19,000
Capital RM6,000

Problem 2: What is the Trial Balance total?

a) RM43,000
b) RM57,000
c) RM$63,000
d) RM114,000

Reference no: EM132761282

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