Consider the following Adjusted Trail Balance for Monarch Co…
Consider the following Adjusted Trail Balance for Monarch Company for the year ended, December 31, 2019: Monarch Company Adjusted Trial Balance Year Ending, December 31, 2019 Dr Cr Cash $ 58,000 Accounts Receivable 115,000 Interest Receivable 7,000 Notes Receivable 210,000 Office Supplies 22,000 Trucks 134,000 Accumulated Depreciation–Trucks $ 58,000 Equipment 270,000 Accumulated Depreciation–Equipment 200,000 Land 100,000 Accounts Payable 134,000 Interest Payable 8,000 Salaries Payable 28,000 Unearned Service Fees 120,000 Long-term Notes Payable 200,000 C. Regis, Capital 125,000 C. Regis, Withdrawals 50,000 Service Fees 611,800 Interest Revenue 34,000 Depreciation Expense–Trucks 29,000 Depreciation Expense–Equipment 48,000 Salaries Expense 102,000 Wages Expense 272,000 Interest Expense 8,000 Office Supplies Expense 31,000 Advertising Expense 27,200 Maintenance Expense–Trucks 32,000 Miscellaneous Expense 3,600 Totals $ 1,518,800 $ 1,518,800 Question: The amount of Total Liabilities Monarch Company will report on the Balance Sheet is?
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