Cash Debit $150,000
Accounts Receivable Debit 150,000
Allowance for Doubtful Accounts Debit 20,000
Equipment Debit 720,000
Accumulated Depreciation--Equipment Credit $200,000
Accounts Payable Credit 160,000
Bonds Payable Credit 500,000
Common Stock Credit 60,000
Retained Earnings Credit 130,000
I get these totals = 1,040,000 1,050,000
I don't know why am I getting different totals because they should equal.