Referring to the Trial Balance printed in Step 7 of the Practical Exam, what are the total Debits?

Question

BlackTom AI · Accepted Answer

To tackle this question, we first identify what is being asked: the total Debits on the Trial Balance printed in Step 7 of the Practical Exam.
Option 1: 59,720.00. This matches the provided correct answer in the data, and the Debits total on a Trial Balance should equal the Credits total; if this figure is presented as the Debit total, it would be the sum of all debit balances recorded.
Option 2: 35,650.00. This value would represent a partial sum if only a subset of debit accounts were added, or it could reflect an error such as omitting some debit balances. However, a Trial Balance usually lists every debit balance, and the total should reflect all transactions up to the date, not a partial amount.
Option 3: 0.00. A zero Debit total would imply there are no debit balances at all, which is inconsistent with any normal business activity recorded in a Trial Balance, except in a degenerate or empty ledger scenario. In a typical practical exam, some debit balances must exist unless everything is cleared, so this is highly unlikely.
Option 4: 197,810.00. This figure could occur if an unusually large number of debit balances were posted, or if there was a mis-entry or duplication elevating the total. While possible in theory, there is no indication in the question that such a large total is expected, and it would require justification based on the ledger contents.
The question centers on recognizing that the Trial Balance total for Debits is a single sum that aggregates all debit accounts. Without the actual ledger details here, we rely on the provided answer key, which asserts 59,720.00 as the debit total. This reinforces the idea that the other options represent common missteps: forgetting to include all debits, assuming no activity, or overcounting due to duplication.
In summary, Option 1 correctly reflects a complete Debit total based on typical Trial Balance procedures, while Options 2, 3, and 4 illustrate plausible but incorrect interpretations or errors one might make when summing debits. Each alternative highlights a distinct kind of mistake: partial summation, zero-balance assumption, and overstatement, respectively.

SG30018E1 - Sage 300 2018 General Ledger Final Exam

Referring to the Trial Balance printed in Step 7 of the Practical Exam, what are the total Debits?

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