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What amount did bonita industries trial balance show

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Reference no: EM132632528

Question - Bonita Industries's trial balance reported the following balances at the end of its first year:

Cash $12320

Prepaid insurance 620

Accounts receivable 3080

Accounts payable 2460

Notes payable 3700

Common stock 4750

Dividends 620

Revenues 25520

Expenses 15400

What amount did Bonita Industries's trial balance show as total credits?

A. $36430

B. $37670

C. $35810

D. $37050

Bonita Industries's trial balance at the end of its first month of operations reported the following accounts and amounts:

Cash $9680

Prepaid insurance 440

Accounts receivable 2200

Accounts payable 1760

Notes payable 2640

Common stock 4400

Dividends 440

Revenues 19360

Expenses 11000

Total credits on Bonita Industries's trial balance are?

A. $28160

B. $27720

C. $29040

D. $28600

Reference no: EM132632528

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