Based on the following information, what would be the total on the Credit side of a post- closing trial balance, assuming all accounts have a normal balance?
| Cash |
$6,874 |
Dividends |
$3,200 |
| Accounts receivable |
14,933 |
Consulting fees earned |
14,918 |
| Office supplies |
2,745 |
Rent expense |
3,793 |
| Land |
38,353 |
Salaries expense |
6,762 |
| Office equipment |
15,735 |
Telephone expense |
680 |
| Accounts payable |
6,583 |
Miscellaneous expense |
400 |
| Common stock |
55,690 |
Retained Earnings |
? |
- $85,223
- $77,191
- $93,475
- $78,640
- $62,356