Question

Trial balance rent and taxes

Answer 1

The trial balance lists the balances of all credits and debits. If the totals are equal then the accounts are correct, as far the trial balance can tell (it will not pick up all possible accounting mistakes). Most of what is on the trial balance is simple enough to fill in when you know what is a debit or a credit in the general ledger. There are, however, a few entries it's easy to be stumped by, so I've laid out a table below that shows where entries should be placed and what category they come under.

Answer 2

Answer:

it will be debited....