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What is the total trial balance?

Given:
Rent…………..N10,000
Rates………….N5,000
Capital………..N50,000
Salaries……….N14,000
Cash…………..N26,000
Creditors……….N5,000
The total trial balance is?
  • A.
    N110,000
  • B.
    N65,000
  • C.
    N55,000
  • D.
    N45,000
Correct Answer: Option C
Explanation